DXC Technology Completes Refinancing Actions
24 Setembro 2021 - 5:30PM
Business Wire
DXC Technology Company (NYSE: DXC) (“DXC”) today announced the
completion of its refinancing. DXC previously completed the
offering of €1.35 billion Senior Notes priced on September 2, 2021
and $1.35 billion Senior Notes priced on September 7, 2021.
DXC completed redemption of $2.5 billion principal of (i) EUR
term loan in the amount of €400 million due FY23 and FY24, (ii)
$500 million 4.25% Senior notes due FY25, (iii) £250 million 2.75%
Senior notes due FY25, (iv) $467 million 4.125% Senior notes due
FY26, (v) $500 million 4.75% Senior notes due FY28, and (vi) $234
million Senior notes due FY30. The applicable make whole premium
for these redemptions was $300 million and accrued and unpaid
interest was $40 million.
Ken Sharp, Chief Financial Officer, DXC commented: “Our
opportunistic debt refinancing of $2.5 billion of our high coupon
debt further solidifies our financial foundation by extending our
debt maturities, lowering our maturity towers and reducing our
ongoing interest expense.”
ABOUT DXC TECHNOLOGY
DXC Technology (NYSE: DXC) helps global companies run their
mission critical systems and operations while modernizing IT,
optimizing data architectures, and ensuring security and
scalability across public, private and hybrid clouds. The world’s
largest companies and public sector organizations trust DXC to
deploy services across the Enterprise Technology Stack to drive new
levels of performance, competitiveness, and customer
experience.
Cautionary Statement Regarding Forward-Looking
Statements
All statements in this press release that do not directly and
exclusively relate to historical facts constitute “forward-looking
statements.” These statements represent current expectations and
beliefs, and no assurance can be given that the results described
in such statements will be achieved. Such statements are subject to
numerous assumptions, risks, uncertainties and other factors that
could cause actual results to differ materially from those
described in such statements, many of which are outside of our
control. Furthermore, many of these risks and uncertainties are
currently amplified by and may continue to be amplified by or may,
in the future, be amplified by, the coronavirus disease 2019
pandemic and the impact of varying private and governmental
responses that affect our customers, employees, vendors and the
economies and communities where they operate. For a written
description of these factors, see the section titled “Risk Factors”
in DXC’s Annual Report on Form 10-K for the fiscal year ended March
31, 2021, and any updating information in subsequent SEC filings,
including DXC’s Quarterly Report on Form 10-Q for the quarterly
period ended June 30, 2021.
No assurance can be given that any goal or plan set forth in any
forward-looking statement can or will be achieved, and readers are
cautioned not to place undue reliance on such statements which
speak only as of the date they are made. We do not undertake any
obligation to update or release any revisions to any
forward-looking statement or to report any events or circumstances
after the date of this press release or to reflect the occurrence
of unanticipated events except as required by law.
Source: DXC Technology Category: Investor Relations
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210924005539/en/
Richard Adamonis, Corporate Media Relations, +1-862-228-3481,
radamonis@dxc.com John Sweeney, Investor Relations,
+1-980-315-3665, john.sweeney@dxc.com
DXC Technology (NYSE:DXC)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
DXC Technology (NYSE:DXC)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024