NCR Corporation’s $1.2 Billion High‑Yield Senior Notes Offering
April 20, 2021
Cravath represented the initial purchasers in connection with the $1.2 billion 144A/Reg. S high‑yield senior notes offering of NCR Corporation, a leading global technology company. Proceeds of the offering will be used to finance the acquisition of Cardtronics plc. The transaction closed on April 6, 2021.
The Cravath team included partner Michael E. Mariani and associates Joseph A. Marshall and Alexandra J. Valicenti on capital markets matters, and associate Duncan H. Hardell on tax matters. Callum A. F. Sproule also worked on capital markets matters and Joana W. Li also worked on tax matters.
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J.D., 2009, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.B.A., 2009, Columbia University
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B.A., 2004, Tufts UniversityPhi Beta Kappa, summa cum laude
- New York
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October 19, 2023
NCR Atleos Corporation’s $2.085 Billion Credit Facilities and $1.35 Billion High‑Yield Senior Secured Notes Offering and NCR Voyix Corporation’s $700 Million Credit Facilities in Connection with Spin‑Off of NCR Atleos Corporation from NCR Voyix Corporation
Cravath represented the administrative agent, joint lead arranger and joint bookrunner, in connection with $2.085 billion of credit facilities made available to NCR Atleos Corporation and $700 million of credit facilities made available to NCR Voyix Corporation (formerly known as NCR Corporation). The proceeds were used to partially finance the spin‑off of NCR Atleos Corporation, an industry‑leading financial technology company providing self‑directed banking solutions to a global customer base including financial institutions, retailers and consumers, from NCR Voyix Corporation, a leading global provider of digital commerce solutions for the retail, restaurant and digital banking industries. The credit facilities made available to NCR Atleos Corporation consisted of a $500 million revolving credit facility, a $750 million term loan “A” facility and a $835 million term loan “B” facility. The credit facilities made available to NCR Voyix Corporation consisted of a $500 million revolving credit facility and a $200 million term loan “A” facility. The facilities closed on October 16, 2023.
