|[December 04, 2012]
NCR Corporation Announces Offering of Senior Notes
DULUTH, Ga. --(Business Wire)--
NCR Corporation (NYSE: NCR) (the "Company") announced today its
intention to offer $400 million aggregate principal amount of senior
notes due 2021 (the "Notes"), subject to market and customary
conditions. The Notes will be general unsecured senior obligations of
NCR Corporation and will be guaranteed by NCR International, Inc., a
Delaware corporation, and Radiant Systems, Inc., a Georgia corporation.
The Company intends to use the net proceeds from the offering, together
with cash and additional borrowings under the Company's revolving credit
facility, to finance the acquisition of Retalix Ltd. ("Retalix"). If the
acquisition of Retalix is not consummated, the Company intends to use
the net proceeds of this offering for general corporate purposes, which
the Company expects to include funding a contribution to the Company's
global pension plans.
The Notes and the related subsidiary guarantees will be offered in the
United States to qualified institutional buyers pursuant to Rule 144A
under the Securities Act of 1933, as amended (the "Securities Act"), and
outside the United States pursuant to Regulation S under the Securities
Act. The Notes and the related subsidiary guarantees have not been
registered under the Securities Act and may not be offered or sold in
the United States ithout registration or an applicable exemption from
the registration requirements.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of Notes in
any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such jurisdiction.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how
the world connects, interacts and transacts with business. NCR's
assisted- and self-service solutions and comprehensive support services
address the needs of retail, financial, travel, hospitality, gaming and
public sector organizations in more than 100 countries. NCR is
headquartered in Duluth, Georgia.
NCR is a trademark of NCR Corporation in the United States and other
Statements in this release that are not historical are forward-looking
statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Words such as "seek,"
"potential," "expect," "strive," "continue," "continuously,"
"accelerate," and other similar expressions or future or conditional
verbs such as "will," "should," "would" and "could." They include
statements as to NCR's anticipated or expected results; future financial
performance; projections of revenue, profit growth and other financial
items; discussion of other strategic initiatives and related actions;
comments about future market or industry performance; and beliefs,
expectations, intentions, and strategies, among other things. These and
other risks, assumptions and uncertainties are described in our most
recent Annual Report on Form 10-K and in other documents that we file or
furnish with the Securities and Exchange Commission, which you are
encouraged to read. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from those indicated or anticipated by such
forward-looking statements. Accordingly, you are cautioned not to place
undue reliance on these forward-looking statements, which speak only as
of the date they are made. NCR Corporation expressly disclaims any
current intention to update publicly any forward-looking statement after
the distribution of this release, whether as a result of new
information, future events, changes in assumptions or otherwise.
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