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Diebold Nixdorf, Incorporated (NYSE: DBD) is a global leader in connected commerce, offering comprehensive software, services, and hardware for both the financial and retail sectors. Headquartered in North Canton, Ohio, the company employs around 21,000 people and operates in over 100 countries. Diebold Nixdorf specializes in automating, digitizing, and transforming the way people bank and shop. The company’s integrated solutions connect digital and physical channels in a secure, efficient manner, serving millions of consumers daily.
For the financial industry, Diebold Nixdorf provides solutions that range from multi-vendor software and security services to advanced cash management systems. The company partners with a majority of the world's top 100 financial institutions, which rely on Diebold Nixdorf's expertise to enhance customer experiences through seamless integration of digital and physical touchpoints.
In the retail sector, Diebold Nixdorf focuses on improving the checkout process through innovative self-service solutions. Their latest project at Stuttgart Airport, Germany, involves the implementation of AI-based age verification technology at self-service checkouts, speeding up transactions and enhancing customer satisfaction.
Diebold Nixdorf is also committed to providing cutting-edge technology for payment processing. Partnering with Bankart in Slovenia, the company is helping to modernize payment capabilities across multiple countries through its Vynamic® Transaction Middleware. This low-code, API-driven technology serves as a robust, scalable platform for both traditional and emerging payment types.
Financially, Diebold Nixdorf continues to demonstrate resilience and growth. The company recently announced its inclusion in the Russell 3000® Index, reflecting its solid market capitalization and broad investor interest. Diebold Nixdorf has also made strategic executive appointments, such as Thomas Timko as EVP and CFO, to further strengthen its financial strategies and global operations.
For more information, visit www.dieboldnixdorf.com, and follow Diebold Nixdorf on social media platforms including LinkedIn, X (formerly Twitter), Facebook, and YouTube.
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.
Diebold Nixdorf (NYSE: DBD) will showcase innovative retail solutions at NRF 2023 from January 15-17 at the Javits Center in New York City. The focus is on enhancing consumer and staff experiences, optimizing store efficiency, and reducing technology costs. Key offerings include the DN Series™ EASY modular self-service solution, Vynamic® Smart Vision AI platform, and a cloud-based Vynamic® Retail Platform designed to streamline checkout processes. The company emphasizes adaptability and efficiency to meet evolving retail demands.
On December 12, 2022, Diebold Nixdorf announced an extension of the early delivery time for its private exchange offer concerning the 8.50% Senior Notes due 2024. The new deadline is set for 11:59 p.m. New York City time on December 23, 2022. The company received the necessary consents to adopt proposed amendments related to these notes, which will allow for the issuance of new 8.50%/12.50% Senior Secured PIK Toggle Notes due 2026 and associated warrants. This exchange is subject to certain conditions, including a minimum participation threshold of 83.4%. Withdrawal rights expired on December 9, 2022.
Diebold Nixdorf (NYSE: DBD) has appointed Ilhami Cantadurucu as executive vice president for Global Retail effective Jan. 1, 2023, succeeding Hermann Wimmer. Cantadurucu, who has nearly 20 years at the company, previously led Global Accounts for the Retail segment and will oversee the company's global retail strategy and operations. His extensive background includes various financial and operational roles. Wimmer departs for personal reasons. CEO Octavio Marquez praised Cantadurucu's leadership skills and past achievements.
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