OpenText Corporation has completed a $1 billion offering of senior secured notes, split between $500 million due in 2031 and $500 million due in 2033, with interest rates of 6.700% and 7.150% respectively. The company also extended its revolving credit facility maturity to 2031. Proceeds from the notes will be used to fully redeem $1 billion of 6.900% notes due in 2027 and to fund a tender offer for up to $300 million of 3.875% notes due in 2028. This refinancing aims to optimize OpenText's debt profile and secure longer-term financing.
OpenText Corporation has a market cap of $5.44 billion and an enterprise value of $10.46 billion on Pluang as of Oct 01, 2026 21:21 WIB. The stock price is USD 22.82, up 1.78% on the day, with a dividend yield of 5%. This stable market presence complements the company's recent $1 billion senior secured notes offering aimed at optimizing its debt profile.
Open Text Corporation, a Canadian enterprise software company, is rated Buy as its shares trade at a significant discount compared to historical and sector averages. The company saw cloud bookings grow by 22.5% in fiscal 2026 and 24.1% in Q4, driven ...
OpenText Corporation announced the pricing and results of its $300 million tender offer to buy back its 3.875% Senior Notes due 2028. The company received valid tenders exceeding the maximum amount and will accept $300 million worth of bonds, paying ...
