NCR Corporation (NYSE: NCR) (the "Company") announced its intention to offer $400 million aggregate principal amount of senior notes due 2025 (the "Notes"), subject to market and customary conditions. The Notes will be general unsecured senior obligations of the Company and will be guaranteed by the Company’s wholly-owned subsidiary, NCR International, Inc., a Delaware corporation.

The Company intends to use the net proceeds from the offering for working capital and general corporate purposes. Accordingly, the Company will have broad discretion over the use of proceeds from the offering.

The Notes and the related subsidiary guarantee will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States pursuant to Regulation S under the Securities Act. The Notes and the related subsidiary guarantee have not been registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements.