OpenText Corporation announced a $1 billion offering of senior secured notes, split into $500 million due in 2031 at 6.7% interest and $500 million due in 2033 at 7.15% interest. The proceeds will be used to fully redeem $1 billion of its 2027 notes and to purchase up to $450 million of its 2028 notes through a tender offer. These notes are secured by OpenText's subsidiaries and align with existing credit agreements. The offering is expected to close on October 1, 2026, subject to customary conditions, helping OpenText manage its debt maturity profile and potentially reduce interest costs.
OpenText Corporation carries a dividend yield of 4.87%, offering income potential alongside its debt management activities. The company's market cap stands at $5.58 billion, with shares trading at $23.11 on Pluang as of September 24, 2026, 04:31 WIB. Trading volume reached 1,285,947, indicating active investor interest during this period.
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 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 a...
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...
