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OpenText launches cash tender offer for up to $450 million of 3.875% notes due 2028

PUBT·09/23/2026 13:13:34
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OpenText launches cash tender offer for up to $450 million of 3.875% notes due 2028
  • OpenText launched a cash tender offer for up to USD 450 million of its outstanding 3.875% Senior Notes due 2028.
  • Pricing will be set on Sept. 29 using the 4.250% U.S. Treasury due Feb. 15, 2028 plus a 50 basis-point spread.
  • Settlement is expected Oct. 2, subject to financing from a planned senior secured notes offering.


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 CNW (Ref. ID: 202609230912CANADANWCANADAPR_C5518) on September 23, 2026, and is solely responsible for the information contained therein.