Item 8.01. Other Events.
On August 2, 2021, NCR Corporation (the “Company”) directed Wells Fargo Bank, National Association, as trustee (the “Trustee”) under the indenture, dated April 13, 2020 (the “Indenture”), among the Company, NCR International, Inc. (the “Guarantor”) and the Trustee, to issue a notice of redemption to redeem all of the $400,000,000 outstanding aggregate principal amount of the Company’s 8.125% senior notes due 2025 (the “Notes”).
The Notes were redeemed on August 12, 2021 (the “Redemption Date”), at a price equal to (i) $36,544,109.20, consisting of a redemption premium of 109.1360273% of the aggregate principal amount of the Notes and (ii) accrued and unpaid interest from April 15, 2021 (the last regular interest payment date) to, but excluding, the Redemption Date, of $10,562,500.00. Accordingly, the total redemption payment was $447,106,609.20. Pursuant to the provisions of the Indenture, the Company deposited the redemption payment for the Notes with the Trustee on August 11, 2021, the last business day immediately prior to the Redemption Date.
Upon deposit of the redemption payment, the Indenture was satisfied and discharged in accordance with its terms. As a result of the satisfaction and discharge of the Indenture, the Company and the Guarantor have been released from their obligations with respect to the Indenture and the Notes, except with respect to those provisions of the Indenture that, by their terms, survive the satisfaction and discharge of the Indenture.