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OpenText sets pricing for USD 300 million tender offer for 3.875% notes due 2028

PUBT·09/30/2026 22:42:03
OpenText sets pricing for USD 300 million tender offer for 3.875% notes due 2028
  • OpenText priced a cash tender offer to buy up to USD 300 million of its 3.875% Senior Notes due 2028.
  • Holders tendered USD 697.56 million; OpenText will prorate purchases at 43.05%.
  • Accepted bonds will be bought at USD 981.71 per USD 1,000 principal, excluding accrued interest; settlement expected Oct. 2.
  • Funding expected from proceeds of a senior secured notes offering closing Oct. 1, supported by cash on hand.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Open Text Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609301840PR_NEWS_USPR_____LA60707) on September 30, 2026, and is solely responsible for the information contained therein.