OpenText Corporation has amended its cash tender offer for its 3.875% Senior Notes due 2028 by lowering the maximum tender amount from $450 million to $300 million. The company also extended the withdrawal deadline, price determination date, and expiration date to September 30, 2026. The settlement date for accepted bonds is expected to be October 2, 2026. This move reflects OpenText's strategy to manage its debt using cash on hand and proceeds from a concurrent senior secured notes offering, while maintaining most other terms unchanged.
OpenText Corporation currently has a market cap of $5.50 billion and a dividend yield of 4.94% on Pluang as of September 25, 2026, 19:11 WIB. The stock price stands at USD 22.81 with a 1-day increase of 0.66%. This market context highlights the company’s financial scale and investor returns while it manages its debt through the amended tender offer.
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 ...
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...
