Unisys Corp.

NYSE:UIS   11:13:14 AM EDT
25.81
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Debt Financing / Related

Unisys Corp - Swiss Subsidiary Has Transferred Its Pension Plan To A Multi-Employer Collective Foundation

Published: 06/08/2021 13:35 GMT
Unisys Corp. (UIS) - Unisys Corp - Swiss Subsidiary Has Transferred Its Pension Plan to a Multi-employer Collective Foundation.
Unisys - Agreement Results in Removal of Projected Benefit Obligations Related to Retirees Under Plan, Valued at About $103 Million, From Co's Balance Sheet.
Unisys Corp - Anticipates One-time, Non-cash, Pre-tax Settlement Charge of About $29 Million As a Result of Agreement.
Unisys Corp - Remainder of Swiss Plan Obligations, Representing Active Participants Valued at About $56 Million, Will Remain on Co's Balance Sheet.