Diebold Nixdorf Stock Price, News & Analysis

Diebold Nixdorf (NYSE: DBD) has announced it will release its 2023 first quarter financial results on May 3, 2023, before the market opens. The results will be discussed in a conference call at 8:30 a.m. ET by CEO Octavio Marquez and CFO Jim Barna. A press release summarizing the financial results and a presentation with highlights will be available on their Investor Relations website. Investors can pre-register for the call and access details via the company’s official site, ensuring a smooth entry with a unique PIN provided upon registration. Diebold Nixdorf operates globally, serving leading financial institutions and retailers with integrated solutions that connect digital and physical channels.

Diebold Nixdorf has announced an extension of its public exchange offer for its 8.50% Senior Notes due 2024 until May 5, 2023. This offer allows holders to exchange their 2024 Senior Notes for new Senior Secured PIK Toggle Notes due 2026 and warrants for common shares. The previous expiration was April 21, 2023, and holders can withdraw their tendered notes by the new deadline. As of the previous expiration, about $9.1 million out of $72.1 million of the 2024 Senior Notes were tendered, representing 12.6% of the total. All terms of the offer remain unchanged except for the extended deadlines. The completion of the exchange is dependent on the conditions outlined in the offer documents.

Diebold Nixdorf, incorporated (NYSE: DBD), announced on April 10, 2023, an extension of its Exchange Offer for the 8.50% Senior Notes due 2024. The new deadline for the Exchange Offer is April 21, 2023, at 5:00 p.m. New York City time. Under the offer, existing noteholders can exchange their notes for new 8.50%/12.50% Senior Secured PIK Toggle Notes due 2026 and warrants to purchase common shares. As of the previous deadline, approximately $8.77 million of the $72.11 million in outstanding notes were tendered, reflecting 12.17% participation. The Exchange Offer's terms and conditions remain unchanged, and it is not conditioned on a minimum tender amount. The completion of the Exchange Offer hinges on the effectiveness of the relevant Registration Statement filed with the SEC.

Diebold Nixdorf, Incorporated (NYSE: DBD) has extended its public exchange offer for its 8.50% Senior Notes due 2024, which will now expire on April 7, 2023. The exchange offer allows holders to swap their notes for new 8.50%/12.50% Senior Secured PIK Toggle Notes due 2026 and warrants for common shares. As of the previous expiration on March 24, 2023, approximately 8.69% of the $72.1 million in 2024 Senior Notes were tendered. The exchange offer is subject to regulatory conditions, and interested holders are advised to consult with intermediaries for submission deadlines.

Diebold Nixdorf (NYSE: DBD) announced a $55 million first-in-last-out (FILO) term loan as an amendment to its asset-based credit facility. This move allows the company to address short-term operational needs while continuing discussions with lenders on long-term capital strategies. In 2022, Diebold recorded $3.46 billion in revenue, with a backlog of approximately $1.47 billion. The company expects a 6% increase in first quarter 2023 revenue, targeting around $835 million. Additionally, ATM and self-checkout shipments are projected to rise by about 14% and 51%, respectively, compared to last year.

Diebold Nixdorf, Incorporated (NYSE:DBD) announced a public exchange offer for its outstanding 8.50% Senior Notes due 2024, totaling $72,112,000. The offer seeks to exchange these notes for new secured notes due 2026 and warrants to purchase common shares. The exchange offer will expire on March 24, 2023, and it is not conditioned on a minimum number of notes being tendered. A registration statement for the new securities has been filed but is not yet effective. The company previously executed a private exchange in December 2022, converting 81.97% of the outstanding notes into new units. The new notes will accrue interest from December 29, 2022.