IRVING, Texas, Sept. 30, 2021 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA), a global business process automation leader across numerous industries, today announced that the Company plans to deploy over $400 million of capital. The move encapsulates the Company’s multipart strategy to materially reduce its total amount of debt and associated interest expense, including lowering the cost of debt. The Company believes that the strengthened balance sheet and improved cash flow generation will further expand shareholder value.