
Conduent Business Services LLC, founded in 2017 and headquartered in Florham Park, New Jersey, is a technology-driven services company that provides business process outsourcing solutions across various industries. The company primarily focuses on delivering customer experience, document management, and data-driven services to improve operational efficiencies for its clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CNDT 6.00% 2029-11-01 USDConduent Business Services LLC | United States | 2029-11-01 | 6.000 | 6.91 |
CNDT 6.00% 2029-11-01 USDConduent Business Services LLC | United States | 2029-11-01 | 6.000 | 6.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Conduent has been active in the bond market since its inception, with significant issuances that reflect its strategic growth initiatives. Notably, in 2020, the company issued $400 million in senior secured notes to refinance existing debt, achieving a yield of 5.5%, which was competitive within the industry at that time. Additionally, Conduent's bond offerings include features like call options, allowing the company flexibility in managing its debt. Recent credit ratings adjustments also signify investor confidence in its return prospects following several restructuring efforts and operational improvements.