WASHINGTON, D.C.  20549

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 OR 15(d) of the
                        Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported)               May 16, 2008

                               UNISYS CORPORATION
            (Exact Name of Registrant as Specified in its Charter)

   Delaware                           1-8729                    38-0387840
(State or Other              (Commission File Number)         (IRS Employer
Jurisdiction of                                             Identification No.)

                                  Unisys Way,
                         Blue Bell, Pennsylvania  19424
              (Address of Principal Executive Offices)  (Zip Code)

                                 (215) 986-4011
              (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

\ \  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

\ \  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

\ \  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b)

\ \  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.  Other Events

On May 16, 2008, Unisys Corporation entered into a new three-year, U.S. trade
accounts receivable facility.  Under this facility, the company has agreed to
sell, on an ongoing basis, through Unisys Funding Corporation I, a wholly owned
subsidiary, up to $150 million of interests in eligible U.S. trade accounts
receivable.  The facility replaces the company's $300 million U.S. trade
accounts receivable facility that was scheduled to terminate on May 28, 2008.
The size of the new facility is consistent with recent utilization of the former
facility, under which $113 million and $140 million of eligible receivables had
been sold at March 31, 2008 and December 31, 2007, respectively.  Under the new
facility, receivables are sold at a discount that reflects, among other things,
a yield based on LIBOR.  The new facility includes customary representations and
warranties, including no material adverse change in the company's business,
assets, liabilities, operations or financial condition.  It also requires the
company to maintain a minimum fixed charge coverage ratio and requires the
maintenance of certain ratios related to the sold receivables. The facility will
be subject to early termination if, as of February 28, 2010, the company's
6.875% Senior Notes due 2010 have not been refinanced or extended to a date
later than May 16, 2011.  Other termination events include failure to perform
covenants, materially incorrect representations and warranties, change of
control and default under debt aggregating at least $25 million.


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                     UNISYS CORPORATION

Date: May 20, 2008                                By: /s/ Janet B. Haugen
                                                      Janet B. Haugen
                                                      Senior Vice President and
                                                      Chief Financial Officer