Conduent Completes $447 Million Refinancing Transaction

09:55 AM EDT, 10/23/2026 (MT Newswires) -- Conduent (CNDT) has closed a $447 million refinancing transaction that extended revolving credit maturities and added new funding commitments, the company said Friday. As part of transaction, the company extended its $357 million revolving credit facility through May 2029 and added $90 million in commitments from existing lenders, including a $15 million letter of credit facility, Conduent said. The company expects the refinancing to help with the execution of its ASCEND 2026-28 strategy to accelerate profitable growth, according to the statement. Price: 1.51, Change: +0.01, Percent Change: +1.01