NCR Buys Back Part of Blackstone's Stake, a Credit Positive
ISSUER COMMENT CORPORATES MARCH 20, 2017 NCR Buys Back Part of Blackstone’s Stake, a Credit Positive From Credit Outlook Last Monday, NCR Corporation (Ba3 stable) announced that funds affiliated with The Blackstone Group LP had launched a secondary offering of 342,000 shares of preferred stock in NCR. As part of the offering, Blackstone will convert about 90,000 of the preferred shares into 3 mill
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