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 secured on the same basis as existing credit facilities and notes. The company may also use cash on hand to fund part of the redemptions. Proceeds exceeding these uses will go toward general corporate purposes. The offering terms depend on market conditions and are subject to regulatory exemptions for qualified institutional buyers and offshore transactions.
Following OpenText's announcement of a senior secured notes offering, the company's stock is trading at USD 22.90 on Pluang as of Sep 23, 2026 20:22 WIB, down slightly by 0.39% for the day. OpenText holds a market cap of $5.58 billion on the platform, with a dividend yield of 4.87%. The stock has seen a 52-week range between $20.01 and $39.69, with typical investors holding for about 21 days.
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...
