OTEX · Open Text Corp · Documents

Open Text Corporation issued $500 million each of 6.700% senior secured notes due 2031 and 7.150% senior secured notes due 2033, and extended its revolver maturity from December 19, 2028 to October 1, 2031.

Open Text Corporation priced its tender offer for up to $300,000,000 of 3.875% Senior Notes due 2028 at $981.71 per $1,000, subject to a 43.047752% proration factor and expected October 2, 2026 settlement.

Open Text Corporation reduced its cash tender offer for 3.875% Senior Notes due 2028 from $450 million to $300 million and extended the withdrawal, price determination and expiration deadlines to September 30, 2026; settlement is expected October 2, 2026.

Open Text Corporation priced $500 million of 6.700% senior secured notes due 2031 and $500 million of 7.150% senior secured notes due 2033 to redeem its 2027 Notes and fund a tender offer for 2028 Notes.

Open Text Corporation commenced a proposed senior secured notes offering to redeem its $1.0 billion 6.900% Senior Secured Notes due 2027 and fund a tender offer for up to $450 million of its 3.875% Senior Notes due 2028.

Open Text Corporation conditionally called for redemption of $1.0 billion of 6.900% Senior Secured Notes due 2027 on October 2, 2026, subject to financing; it is exploring a senior secured notes offering and seeking a revolver amendment to extend maturity.