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News

Conduent Completes Term Loan Prepayment And Refinances Credit Facilities To Strengthen Financial Position

Author: Benzinga Newsdesk | August 27, 2025 07:49am

Conduent Incorporated (NASDAQ:CNDT), a global technology-driven business solutions and services company, today announced it has successfully completed a refinancing of its existing term loan and revolving credit agreements.

Key Highlights of the Refinancing:

  • Full Prepayment of the Term Loan
  • Renewed Revolving Credit Facility
  • New Performance Letter of Credit Facility

Giles Goodburn, Conduent's CFO, commented, "Completing this refinancing marks a key milestone in our strategy, further strengthening our financial foundation and positioning Conduent for future growth. This transaction provides the right mix of debt instruments to support our operations and capital allocation strategy."

Additional details of the refinancing can be found in Conduent's 8-K which will be filed with the U.S. Securities and Exchange Commission.

Posted In: CNDT

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