Practice Areas - Restructuring and Insolvency Law Firms and Lawyers
| Deal Date: | 03-01-2023 | Practice Area: | Restructuring and Insolvency |
| Deal Title: | Diebold Nixdorf Comprehensive Debt Recapitalization Transaction | Industry: | Software & Computer Services |
| Description: |
Davis Polk advised an ad hoc group of noteholders and lenders to Diebold Nixdorf, Incorporated in connection with a comprehensive cross-border debt recapitalization transaction that entailed: a new $400 million superpriority senior secured term loan financing, the issuance by Diebold of extended-maturity term loans in exchange for existing first-lien term loans, a consent solicitation with respect to existing first-lien bonds, the issuance of junior-lien bonds in exchange for unsecured bonds and the exchange of revolving loans for commitments under a new global ABL facility.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Creditors | Law Firm | Davis Polk |
| United States | United States | ||
| Classification: |
Debt Restructuring |
Lawyer | Damian S Schaible |
