Your email has been successfully added to our mailing list.

×
0 0 0 0.0104105291243763 0.0104105291243763 0.0104105291243763 0.0104105291243763 0.0104105291243763
Stock impact report

CGI announces pricing of US$650M of 5-year notes

CGI Inc. (GIB) 
Last cgi inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: cgi.com/en/investors
Company Research Source: PR Newswire
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroomMONTRÉAL, March 12, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that it has priced an offering of senior unsecured notes. CGI will issue US$650 million in aggregate principal amount of 5-year senior unsecured notes, which will bear interest at the rate of 4.95% per annum (treasury rate plus 100 basis points). Concurrently with the offering, CGI expects to enter into a currency swap agreement to reduce the Canadian dollar equivalent cost of borrowing of the notes to 3.7125% per annum. The offering is expected to close on or about March 14, 2025, subject to customary closing conditions.The net proceeds from the offering are expected to be approximately US$641.3 million after deducting the initial purchasers' fees and estimated offering expenses. CGI intends to use the net proceeds from the offering to repay existing indebtedness and for general corporate purposes.The notes will be offered and sold to qualified Show less Read more
Impact Snapshot
Event Time:
GIB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GIB alerts
Opt-in for
GIB alerts

from News Quantified
Opt-in for
GIB alerts

from News Quantified