Unisys Corp., founded in 1986 and headquartered in Blue Bell, Pennsylvania, is a global information technology company that provides IT services, software, and technology solutions to various industries. The company specializes in offering advanced security solutions, cloud infrastructure services, and digital transformation capabilities designed to help clients improve their operational efficiency and accelerate innovation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UIS 6.88% 2027-11-01 USDUnisys Corp. | United States | 2027-11-01 | 6.875 | 6.50 |
| UIS 6.88% 2027-11-01 USDUnisys Corp. | United States | 2027-11-01 | 6.875 | 6.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Unisys has a notable history of bond issuances, first appearing in the bond market in the early 1990s. A significant milestone was the issuance of $300 million in senior secured notes in 2013 to enhance liquidity and support corporate initiatives. As of October 2023, Unisys bonds are yielding approximately 6.5%, higher than the industry average, reflecting the company’s restructuring efforts. The notes feature covenants that provide a degree of protection to bondholders amidst ongoing operational changes, and any updates on new issuances or ratings are closely watched by investors.