Unisys closes $200 million pension annuity deal, cuts liabilities by $520 million

Verifying
  • Unisys closed a group annuity agreement with New York Life for certain U.S. pension obligations.
  • $200 million of plan assets funded the transaction, raising cumulative liability reductions to approximately $520 million.
  • Unisys anticipates one additional settlement by January 2027 toward its $600 million reduction target.
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Unisys closes $200 million pension annuity deal, cuts liabilities by $520 million - CoinPost Terminal