OpenText Announces Pricing of Senior Unsecured Fixed Rate Notes to Refinance Outstanding Debt
Open Text Corporation - Common Shares (OTEX)
Last open text corporation - common shares earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investors.opentext.com/investor-relations
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Source: PR Newswire
WATERLOO, Ontario, Feb. 3, 2020 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText" or the "Company") announced today that it has priced the offerings of $1.8 billion in total aggregate principal amount of senior unsecured fixed rate notes by OpenText and Open Text Holdings, Inc., a wholly-owned indirect U.S. subsidiary of OpenText ("OTHI"). The offerings were upsized from the previously announced $1.6 billion total aggregate principal amount.OpenText intends to use the substantial portion of the net proceeds from the offerings to refinance $1.55 billion in outstanding debt, including to redeem in full the outstanding $800 million aggregate principal amount of OpenText's notes due 2023 (the "2023 Notes") and to repay the full outstanding $750 million drawn under its current revolving credit agreement, under which OpenText and OTHI are both borrowers (the "Revolver"); and OpenText expects to use the balance of the net proceeds for general corporate purposes, in
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OTEX
Earnings
- 11/5/25 - Beat
OTEX
Sec Filings
- 12/12/25 - Form S-3ASR
- 12/10/25 - Form 144
- 12/9/25 - Form 144
- OTEX's page on the SEC website