Diebold Nixdorf in Confidential Talks With Lenders for New Money

May 16, 2023, 7:20 PM UTC

Diebold Nixdorf Inc. has started confidential talks with some of its secured lenders to address its cash needs as the company seeks to avoid a liquidity crunch, according to people with knowledge of the situation.

Some lenders have discussed providing new financing to the company as it looks to rework its debt, said the people, who asked not to be identified because the discussions are private. Back in March, the maker of automated teller machines had warned that “substantial doubt exists” about its ability to continue as a going concern, according to a regulatory filing.

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