Diebold Nixdorf Stock Price, News & Analysis

Diebold Nixdorf (NYSE: DBD) has nominated Marjorie L. Bowen and Emanuel R. Pearlman for election to its Board of Directors during the 2023 annual shareholder meeting. This decision aligns with the company’s strategy to enhance board diversity and expertise, following a refinancing transaction completed on December 29, 2022. Bowen brings extensive experience in investment banking and board memberships, while Pearlman has over 35 years in executive finance and advisory roles across various sectors. The complete slate of director nominees will be detailed in the company’s annual proxy statement later this year.

Diebold Nixdorf (NYSE: DBD) will release its 2022 fourth quarter financial results on Feb. 9 before the market opens. The company's CEO, Octavio Marquez, and CFO, Jeffrey Rutherford, will hold a conference call at 8:30 a.m. ET to discuss the results. A press release summarizing the financial results and a presentation will be available on Diebold Nixdorf's Investor Relations website. Interested parties are encouraged to pre-register for the call to receive dial-in details and a unique PIN code for entry.

Diebold Nixdorf (NYSE: DBD) has launched the DN Series EASY ONE, a versatile checkout platform designed to enhance assisted and self-service shopping experiences. This innovative solution aims to improve store efficiency and reduce total cost of ownership for retailers. Featuring a compact, modular design, it can be configured for various retail environments, offering superior flexibility and reducing the need for costly customizations. The DN Series EASY ONE also boasts high availability, ensuring maximum uptime for retailers.

Diebold Nixdorf (NYSE: DBD) has successfully refinanced debt and secured $400 million in new capital to address near-term maturities. This includes the completion of exchange offers for its 8.50% Senior Notes due 2024 and 9.375% Senior Secured Notes due 2025. CEO Octavio Marquez expressed optimism for 2023, highlighting the capital's role in normalizing operations, meeting supplier commitments, and strategic investments. The company aims to enhance efficiencies for banking and retail customers while navigating economic challenges.

Diebold Nixdorf announced the expiration of its private exchange offer and consent solicitation for its 8.50% Senior Notes due 2024 on December 23, 2022. A total of $327.89 million, representing 81.97% of the outstanding notes, was tendered. The settlement date is set for December 29, 2022, where eligible holders will receive new securities including Senior Secured PIK Toggle Notes due 2026 and warrants for common shares. The transaction meets the minimum participation conditions outlined in the Transaction Support Agreement.

Diebold Nixdorf announced the expiration and results of its exchange offers for the 9.375% Senior Secured Notes due 2025 and the 9.000% Senior Secured Notes due 2025. As of December 23, 2022, $697,299,000 (99.61%) of USD Notes and €345,524,000 (98.72%) of EUR Notes were validly tendered. The settlement date is expected on December 29, 2022, with Eligible Holders receiving new senior secured notes at a principal amount of $1,030 or €1,030 for each $1,000 or €1,000 of existing notes. The Exchange Offers are subject to certain conditions set forth in the Offering Memorandum.

Diebold Nixdorf, Incorporated (NYSE: DBD) announced an amendment to its private exchange offers and consent solicitations regarding its outstanding 9.375% Senior Secured Notes due 2025. The Minimum Participation Threshold for the 8.50% Senior Notes due 2024 has been lowered from 83.4% to 81.3%. The remaining terms of the exchange offers stay unchanged. The offers will expire on December 23, 2022, unless extended or terminated beforehand. Eligible holders must complete transactions before this deadline to participate in the exchange.

Diebold Nixdorf announced an amendment to its Exchange Offer and Consent Solicitation for outstanding 8.50% Senior Notes due 2024. The minimum participation threshold has been reduced from 83.4% to 81.3%. This change was approved by the Majority Consenting Parties involved in the Transaction Support Agreement. The Exchange Offer allows eligible holders to exchange their notes for new securities, including 8.50%/12.50% Senior Secured PIK Toggle Notes due 2026 and warrants for common shares. The offer expires on December 23, 2022, at 11:59 p.m. New York City time.