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Unisys Amends Senior Secured Notes Indenture

Story Highlights
  • Unisys amended its 6.875% Senior Secured Notes, removing covenants and releasing collateral.
  • The company used proceeds from a $700 million notes offering to fund the transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unisys Amends Senior Secured Notes Indenture

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Unisys ( (UIS) ) has shared an announcement.

On June 27, 2025, Unisys Corporation entered into a supplemental indenture to amend its 6.875% Senior Secured Notes due 2027, eliminating restrictive covenants and releasing collateral. This move follows a successful tender offer where 98.98% of the notes were tendered, allowing Unisys to satisfy and discharge the indenture by depositing $5,117,000 in U.S. government securities. The company plans to use proceeds from a $700 million senior secured notes offering due 2031 to fund this transaction, impacting its financial strategy and stakeholder interests.

The most recent analyst rating on (UIS) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on Unisys stock, see the UIS Stock Forecast page.

Spark’s Take on UIS Stock

According to Spark, TipRanks’ AI Analyst, UIS is a Neutral.

Unisys faces financial challenges with declining revenue and net losses, weighing down the stock score. Improvements in cash flow and strategic refinancing of debt provide some optimism. However, the technical analysis suggests a bearish trend, and negative valuation metrics further impact the score.

To see Spark’s full report on UIS stock, click here.

More about Unisys

Unisys Corporation operates in the technology industry, focusing on providing IT services and solutions, including cloud and infrastructure services, digital workplace services, and software solutions. The company is known for its expertise in security, digital transformation, and IT infrastructure management.

Average Trading Volume: 667,785

Technical Sentiment Signal: Sell

Current Market Cap: $327.6M

See more data about UIS stock on TipRanks’ Stock Analysis page.

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