2 sourced reports attached to this file.
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Companies / Litigation
The October 16 agreement creates a non-reversionary fund that pays documented-loss claims capped at $3,500, monitoring, plaintiffs' fees of as much as 34% and administration; Conduent denies liability and points to cyber insurance.
Companies / Debt Financing
Conduent rolled its $357 million revolver into $357 million of second-out facilities and added $75 million of first-out commitments plus a $15 million letter of credit line, with the two revolver tranches now maturing May 31, 2029.
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