EQS-Adhoc

Diebold Nixdorf entered into Global Debt Restructuring Support Agreement with Key Financial Stakeholders / Listing would be Terminated and Common Shares would be Cancelled without any Recovery - Seite 2

The restructuring agreement provides that the Debtors will seek approval of a $1.25 billion debtor-in-possession term loan credit facility (the “DIP Facility”). The proceeds of the DIP Facility will be used to (i) repay in full the term loan obligations, including a make-whole premium, under the Company’s superpriority credit facility; (ii) repay in full the Company’s asset-based revolving credit ABL facility and cash collateralize letters of credit thereunder; (iii) pay costs and reasonable and documented out-of-pocket fees and expenses related to the court-supervised restructuring proceedings; (iv) make certain “adequate protection payments”; and (v) fund the working capital needs and expenditures of the Company and certain of its subsidiaries and their non-debtor affiliates during the pendency of the court supervised restructuring proceedings.

The restructuring transactions remain subject to certain conditions, as well as the negotiation of further definitive agreements.

Hudson, May 30, 2023
Diebold Nixdorf, Incorporated

Notifying Person:
Christopher Sikora
Investor Relations
[phone]
[e-mail]
 

Disclaimer

This ad hoc notice does not constitute an offer to sell or buy, nor the solicitation of an offer to sell or buy, any securities referred to herein. Any solicitation or offer will only be made pursuant to an offering memorandum and disclosure statement and only to such persons and in such jurisdictions as is permitted under applicable law.

Forward-Looking Statements

This ad hoc notice may contain statements that are not historical information and are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. These forward-looking statements include, but are not limited to, projections, statements regarding the Company's expected future performance (including expected results of operations), future financial condition, anticipated operating results, strategy plans, future liquidity and financial position.