Our Toronto office acted as Canadian counsel for JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, in connection with a new US$250m asset-based revolving credit facility and for J.P. Morgan Securities LLC and J.P. Morgan SE, as dealer managers and solicitation agents, in connection with offers and related consent solicitations by Diebold Nixdorf, Incorporated to exchange (i) its outstanding 8.5 percent senior notes due 2024 for units consisting of new 8.5 percent/12.5 percent senior secured PIK toggle notes due 2026 and warrants exercisable for common shares of Diebold, (ii) its outstanding 9.375 percent senior secured notes due 2025 for new 9.375 percent senior secured notes due 2025 and (iii) the outstanding 9 percent senior secured notes due 2025 of Diebold Nixdorf Dutch Holding B.V., a wholly owned subsidiary of Diebold Nixdorf, Incorporated, for new 9 percent senior secured notes due 2025.

Our Toronto and Montréal offices also acted as Canadian counsel for an ad hoc group of noteholders and lenders to Diebold Nixdorf in connection with foregoing facilities as well as a new US$400m superpriority senior secured term loan facility.

Diebold Nixdorf is a world leader in retail store and checkout innovation. It automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, its integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day.

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