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TYSONS, Va.–(BUSINESS WIRE)–DXC Technology Firm (NYSE: DXC) (“DXC”) in the present day introduced the pricing of an providing of (i) $700.0 million mixture principal quantity of its 1.800% Senior Notes due 2026 (the “2026 Notes”), priced at 99.900% of the mixture principal quantity of such notes, and (ii) $650.0 million mixture principal quantity of its 2.375% Senior Notes due 2028 (along with the 2026 Notes, the “Notes”), priced at 99.910% of the mixture principal quantity of such notes. The providing is being made by means of an underwriting syndicate led by BofA Securities, Inc., Citigroup World Markets Inc., and J.P. Morgan Securities LLC, as representatives of the underwriters. Lloyds Securities Inc., Mizuho Securities USA LLC, and MUFG Securities Americas Inc. additionally served as joint bookrunners for the Notes. The issuance of the Notes is anticipated to shut on or about September 9, 2021, topic to customary closing situations.
DXC intends to use the online proceeds from this providing, after the cost of the underwriting low cost and different bills, to the compensation, in complete or partly, of its 4.125% Senior Notes due 2025, its 4.750% Senior Notes due 2027 and its 7.45% Senior Notes due 2029, with any the rest utilized to its different current indebtedness.
A registration assertion, together with a prospectus, referring to the providing of the Notes has been filed with the U.S. Securities and Alternate Fee (the “SEC”) and is efficient. This press launch shall not represent a proposal to promote nor the solicitation of a proposal to purchase any securities (together with the Notes) and shall not represent a proposal, solicitation or sale in any jurisdiction during which such provide, solicitation or sale can be illegal. The providing of the Notes is being made solely by the use of a prospectus and associated prospectus complement assembly the necessities of Part 10 of the Securities Act of 1933, as amended.
A duplicate of the prospectus complement and accompanying prospectus referring to the providing of the Notes could also be obtained free of charge by visiting EDGAR on the SEC web site at www.sec.gov or by sending a request to BofA Securities, Inc., 200 North Faculty Road, third Ground, Charlotte, North Carolina 28255-0001, tel.: 1-(800) 294-1322, electronic mail: dg.prospectus_requests@bofa.com; to Citigroup World Markets Inc., c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, New York 11717, tel.: 1-(800) 831-9146, electronic mail: prospectus@citi.com; or to J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Consideration: Funding Grade Syndicate Desk, Tel: (212) 834-4533.
ABOUT DXC TECHNOLOGY
DXC Know-how (NYSE: DXC) helps world firms run their mission crucial programs and operations whereas modernizing IT, optimizing knowledge architectures, and making certain safety and scalability throughout public, non-public and hybrid clouds. The world’s largest firms and public sector organizations belief DXC to deploy companies throughout the Enterprise Know-how Stack to drive new ranges of efficiency, competitiveness, and buyer expertise.
Cautionary Assertion Concerning Ahead-Wanting Statements
All statements on this press launch that don’t instantly and solely relate to historic information represent “forward-looking statements.” These statements signify present expectations and beliefs, and no assurance will be provided that the outcomes described in such statements shall be achieved. Such statements are topic to quite a few assumptions, dangers, uncertainties and different components that would trigger precise outcomes to vary materially from these described in such statements, a lot of that are outdoors of our management. Moreover, many of those dangers and uncertainties are at the moment amplified by and should proceed to be amplified by or could, sooner or later, be amplified by, the coronavirus illness 2019 pandemic and the impression of various non-public and governmental responses that have an effect on our prospects, staff, distributors and the economies and communities the place they function. For a written description of those components, see the part titled “Danger Components” in DXC’s Annual Report on Type 10-Ok for the fiscal yr ended March 31, 2021, and any updating data in subsequent SEC filings, together with DXC’s Quarterly Report on Type 10-Q for the quarterly interval ended June 30, 2021.
No assurance will be provided that any aim or plan set forth in any forward-looking assertion can or shall be achieved, and readers are cautioned to not place undue reliance on such statements which converse solely as of the date they’re made. We don’t undertake any obligation to replace or launch any revisions to any forward-looking assertion or to report any occasions or circumstances after the date of this press launch or to replicate the incidence of unanticipated occasions besides as required by legislation.
Supply: DXC Know-how
Class: Investor Relations
