Core Insights - The report highlights a significant gap between business ambitions and IT readiness, raising concerns about wasted investments and cybersecurity risks [1][4][5] - Organizations are increasingly recognizing the importance of emerging technologies like generative AI and agentic AI for long-term success, with 73% of executives viewing agentic AI as critical [4][7] - Despite intentions to invest more in generative AI, only 36% of organizations feel prepared to support large-scale AI workloads [7][8] Investment Trends - 78% of organizations plan to increase their investment in generative AI, reflecting growing confidence in its potential [4][7] - 82% of innovation leaders are allocating over 6% of their IT budgets to generative AI-enabled data management [4] - Three-quarters of business executives are increasing investments in cloud, automation, and generative AI despite dissatisfaction with current ROI [7] Infrastructure Challenges - Many organizations are still operating on outdated infrastructure, which hampers the adoption of AI and quantum computing [5][6] - Only 36% of organizations feel confident in their ability to support large-scale generative AI workloads, with even lower readiness for quantum computing (32%) and edge computing (34%) [5][7] - The lack of alignment between business and IT priorities remains a significant challenge [5][6] Cybersecurity Concerns - 85% of organizations describe their cybersecurity posture as reactive, exposing them to serious security risks [8][9] - 17% of organizations experienced a breach in the past year, with downtime costs reaching up to $500,000 per hour [8] - Only 14% of business executives believe their systems are prepared for post-quantum cryptography, highlighting a critical vulnerability [8][9] Strategic Shifts - 62% of business executives are adopting or planning to adopt Zero Trust models, indicating a shift towards more proactive cybersecurity strategies [9] - 61% prioritize cyber recovery, while only 43% have implemented AI-based cybersecurity measures, suggesting room for improvement [9]

Financial Results Announcement - Unisys will release its second-quarter 2025 financial results on July 30, 2025, after the close of trading on the New York Stock Exchange [1] - A conference call to discuss the results will be held on July 31, 2025, at 8 a.m. EDT [1] Conference Call Details - The conference call will be available via a live, listen-only webcast on the Unisys Investor Website [2] - Domestic callers can dial 1-844-695-5518, while international callers can dial 1-412-902-6749, using the passcode "Unisys Corporation Call" [2] Replay Information - A replay of the conference call will be available on the Unisys Investor Website shortly after the call [3] - Domestic callers can access the replay by dialing 1-877-344-7529, and international callers can dial 1-412-317-0088, entering access code 4992919 [3] Upcoming Investor Conferences - Unisys management will host one-on-one and group meetings at various upcoming investor conferences [4] - Specific events include virtual meetings at the Needham FinTech & Digital Transformation Conference on August 13, 2025, and presentations at the Midwest IDEAS Conference in Chicago, IL, on August 26, 2025 [6] Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing [5] - The company has been assisting clients in pushing boundaries for over 150 years [5]

Core Viewpoint - Unisys is hosting a conference call to discuss the benefits of its recent capital structure transformation, including a $250 million discretionary pension contribution and changes to asset allocations within its U.S. Qualified Defined Benefit Plans, aimed at reducing its pension deficit and volatility [1]. Group 1: Conference Call Details - The conference call is scheduled for July 24, 2025, at 2 p.m. EDT, led by CEO Mike Thomson and CFO Deb McCann [1]. - Investors can submit questions via email and join the call through a dedicated phone line or webcast [2]. Group 2: Webcast and Replay Information - A replay of the webcast will be available shortly after the event on the Unisys Investor Relations site, with a telephone replay accessible for a limited time [3]. Group 3: Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing, helping clients unlock their potential [4].

Core Viewpoint - Unisys Corporation is conducting a tender offer to purchase its outstanding 6.875% Senior Secured Notes due 2027, with early results indicating a high participation rate from noteholders [1][5]. Tender Offer Highlights - As of June 25, 2025, 98.98% of the total $485 million principal amount of the Notes has been validly tendered [3][5]. - The total consideration for the Notes accepted for purchase is $1,006.25 per $1,000 principal amount, which includes an early tender premium of $30 [3][5]. - The early settlement date for the tendered Notes is expected to be June 27, 2025 [5]. Proposed Amendments - The company has received the necessary consents to adopt proposed amendments to the indenture governing the Notes, which will eliminate most restrictive covenants and certain default events [5][9]. - The amendments will also release all collateral securing the Notes and modify other provisions in the indenture [5][9]. Financing Transaction - Concurrently, the company plans to amend its existing asset-based revolving credit facility and issue $700 million of Senior Secured Notes due 2031 [8]. - Proceeds from this financing transaction will be used to pay for the tendered Notes and related expenses [8]. Additional Information - Holders can continue to tender their Notes until July 11, 2025, with a final settlement date expected on July 14, 2025 [10]. - The terms and conditions of the tender offer and consent solicitation are detailed in an Offer to Purchase and Consent Solicitation Statement dated June 11, 2025 [11].

Core Viewpoint - Unisys Corporation is issuing $700 million in Senior Secured Notes due 2031 to finance a cash tender offer for its existing notes and other corporate purposes [1][3]. Group 1: Senior Secured Notes Offering - Unisys announced the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 through a private offering [1]. - The Senior Secured Notes will bear an interest rate of 10.625% per year, payable semiannually starting January 15, 2026 [5]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Tender Offer and Consent Solicitation - Concurrently, Unisys initiated a cash tender offer to purchase all outstanding $485 million of its 6.875% Senior Secured Notes due November 1, 2027 [2]. - The company is soliciting consents to amend the existing indenture governing the terms of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [2]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering [7]. Group 3: Use of Proceeds - The net proceeds from the Senior Secured Notes offering will be used to finance the Tender Offer and Consent Solicitation, redeem remaining Existing Notes, fund a portion of the long-term pension deficit, and for general corporate purposes [3]. Group 4: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and the subsidiary guarantors [4].

Core Viewpoint - Unisys Corporation has initiated a tender offer to purchase its outstanding 6.875% Senior Secured Notes due 2027, along with a consent solicitation for proposed amendments to the indenture governing these notes [1][2]. Group 1: Tender Offer Details - The tender offer aims to buy back all outstanding notes for cash, with a total principal amount of $485 million [5]. - The consideration for the notes is set at $976.25 per $1,000 principal amount, with an early tender premium of $30, bringing the total consideration to $1,006.25 for early tenders [5][6]. - The tender offer and consent solicitation will expire on July 11, 2025, with an early tender expiration date of June 25, 2025 [7][8]. Group 2: Financing Transaction - The company plans to concurrently amend its asset-based revolving credit facility and issue up to $700 million of Senior Secured Notes due 2031, subject to market conditions [3]. - Proceeds from this financing transaction, along with cash on hand, will be used to pay for the tendered notes and related expenses [3][10]. Group 3: Consent Solicitation - The company is soliciting consents to eliminate restrictive covenants and certain events of default related to the notes, which requires a majority of holders to approve [2][11]. - Holders must tender their notes to deliver their consents, and the proposed amendments will not take effect until all validly tendered notes are purchased [9][11]. Group 4: Conditions and Amendments - The consummation of the tender offer is contingent upon the completion of the financing transaction and other specified conditions [10]. - The company reserves the right to extend or amend the tender offer and consent solicitation at its discretion [10][12].

Core Viewpoint - Unisys Corporation plans to offer $700 million in Senior Secured Notes and simultaneously initiate a cash tender offer for its existing $485 million Senior Secured Notes, aiming to improve its financial structure and address long-term liabilities [1][2]. Group 1: Offering Details - The offering of Senior Secured Notes will be conducted through a private offering to qualified institutional buyers and certain persons outside the U.S. under the Securities Act [1]. - The company intends to use the net proceeds from the offering, along with cash on hand, to finance the Tender Offer and related expenses, redeem remaining Existing Notes, fund pension deficits, and for general corporate purposes [2]. Group 2: Tender Offer and Consent Solicitation - The Tender Offer includes soliciting consents to amend the existing indenture of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [1]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering and other customary conditions [5]. Group 3: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and its subsidiary guarantors [3]. - The guarantees will include a pledge of 100% of the capital stock of each first-tier domestic and foreign subsidiary [3]. Group 4: Regulatory Considerations - The Senior Secured Notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption [4].

Group 1 - Unisys has been recognized as one of the Global Top 100 Most Loved Workplaces® by Newsweek for the second consecutive year, climbing 24 places to rank 74 in 2025 [1] - The recognition reflects Unisys's commitment to fostering a dynamic workplace culture that emphasizes exploration, experimentation, agility, and ownership among employees [1] - Employee satisfaction and engagement are highlighted as key factors, with survey data indicating high levels of respect, collaboration, support, and a sense of belonging within the company [2] Group 2 - The Most Loved Workplaces® initiative, backed by the Best Practices Institute, surveyed over 175 companies and more than 3,000 executives, revealing that increased employee sentiment correlates with higher productivity [3] - Findings show that 94% of respondents reported being more productive at companies they loved, and 95% indicated they stayed at such companies three to four times longer [3]

Group 1 - Unisys will participate in the East Coast IDEAS Conference on June 11, 2025, with CEO Mike Thomson presenting at 8:35 a.m. EDT [1] - Investors can schedule meetings with Unisys executives through their conference representatives, and a live webcast of the presentation will be available on the Unisys investor website [2] - Unisys is a global technology solutions company that offers services in cloud, AI, digital workplace, logistics, and enterprise computing, aiming to help clients unlock their full potential [3]

BLUE BELL, Pa., April 21, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) announced it will release its first- quarter 2025 financial results on Wednesday, April 30, 2025, after the close of trading on the New York Stock Exchange. Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder ...