NCR CORP : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On November 21, 2019, NCR Corporation (the "Company"), together with NCR Receivables LLC, a wholly-owned, "bankruptcy remote" special purpose subsidiary of the Company, amended the existing trade receivables facility (the "Facility") pursuant to the Fifth Amendment to the Receivables Financing Agreement (the "Amendment"), by and among the Company, NCR Receivables LLC, each of the committed lenders, group agents and conduit lenders from time to time party thereto, and PNC Bank, National Association, as administrative agent.

Pursuant to the Amendment, (i) the scheduled termination date of the Facility was extended to November 19, 2021, (ii) the maximum commitment made available by the lenders under the Facility was increased from $200 million to $300 million and (iii) certain other modifications were made, including with respect to the scope of receivables subject to the Facility and related eligibility requirements, the adoption of a new benchmark for determining overnight funding rates and the fees and interest payable to the agent and lenders party thereto.

The foregoing description of the material terms of the Amendment is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 to this Current Report and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.


Exhibit
  No.                                       Description

    10.1         Fifth Amendment to Receivables Financing Agreement, dated as of
               November 21, 2019, by and among NCR Receivables LLC, as borrower, NCR
               Corporation, as servicer, PNC Bank, National Association, as
               administrative agent, and PNC Bank, National Association, MUFG Bank,
               Ltd. (f/k/a The Bank of Tokyo Mitsubishi UFJ, Ltd., New York Branch)
               and Victory Receivables Corporation, as lenders.

   104         Cover Page Interactive Data File (the cover page XBRL tags are
               embedded within the Inline XBRL document).


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