OpenText Corporation announced a cash tender offer to repurchase up to $450 million of its outstanding 3.875% Senior Notes due 2028. The offer is part of a strategy to manage debt, contingent on financing from a new senior secured notes issuance to also redeem $1 billion of 6.9% Senior Secured Notes due 2027. The tender offer will close on September 29, 2026, with settlement expected on October 2, 2026. This move aims to optimize OpenText's debt structure and reduce interest expenses.
OpenText Corporation (OTEX) trades at USD 22.90 on Pluang as of Sep 23, 2026 20:22 WIB, down 0.39% for the day. The stock's market cap stands at $5.58 billion with a dividend yield of 4.87%. This pricing context is relevant as OpenText announces a cash tender offer to repurchase part of its 2028 notes, aiming to optimize its debt structure.
OpenText Corporation announced a proposed offering of senior secured notes to refinance its outstanding $1 billion 2027 senior secured notes and to fund a tender offer for up to $450 million of its 3.875% senior notes due 2028. The new notes will be ...
OpenText Corporation announced a conditional redemption of $1 billion in 6.9% Senior Secured Notes due 2027, scheduled for October 2, 2026. The redemption depends on securing sufficient funds through new debt offerings or using available cash. This m...
