SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________ FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported) January 27, 1998 - ---------------------------------------------------------------------------- UNISYS CORPORATION - --------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware 1-8729 38-0387840 - --------------------------------------------------------------------------- (State or Other (Commission File Number) (IRS Employer Jurisdiction of Identification No.) Incorporation) Township Line and Union Meeting Roads, Blue Bell, Pennsylvania 19424 - --------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (215) 986-4011 - --------------------------------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events. Pursuant to the terms and conditions of the Terms Agreement between Unisys Corporation (the "Company") and Bear, Stearns & Co. Inc., BT Alex. Brown Incorporated, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Salomon Brothers Inc dated January 27, 1998, the Company issued on January 30, 1998, its 7 7/8% Senior Notes due 2008 in an aggregate principal amount of $200,000,000. Item 7. Exhibits. See Exhibit Index. SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNISYS CORPORATION Date: January 30, 1998 By: /s/Robert H. Brust ____________________________ Robert H. Brust Senior Vice President and Chief Financial Officer EXHIBIT INDEX ------------- Exhibit No. 1 Terms Agreement, dated January 27, 1998, between Unisys Corporation and Bear, Stearns & Co. Inc., BT Alex. Brown Incorporated, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Salomon Brothers Inc 4 Form of Fourth Supplemental Indenture, dated as of January 30, 1998, between Unisys Corporation and Bank One, NA with form of 7 7/8 % Senior Note due 2008 attached as Exhibit A 12 Computation of Ratio of Earnings to Fixed Charges