NCR Atleos Corporation commenced a Consent Solicitation from holders of its 9.500% Senior Secured Notes due 2029 to amend the Indenture, ensuring the pending merger with The Brink’s Company does not trigger a Change of Control. The Merger obligations are not conditioned on Consent Solicitation success, with consents needed by March 11, 2026 and a $1.25 per $1,000 Consent Payment offered.
Key takeaways
Consent Solicitation commenced March 5, 2026 for 9.500% Senior Secured Notes due 2029
Amendments to exclude Mergers from 'Change of Control' definition
Record Date: 5:00 p.m. NYC time March 4, 2026; Expiration Date: 5:00 p.m. NYC time March 11, 2026
Required Consents: majority of aggregate principal amount
Consent Payment: $1.25 per $1,000 principal amount, payable upon conditions including Merger closing
Merger Agreement dated February 26, 2026 with The Brink’s Company, Novus Merger Sub I and Novus Merger Sub II