OTEX - OpenText Announces Conditional Notice of Redemption of its Outstanding 2027 Notes and Potential Offering of Senior Secured Notes

Open Text Corporation issued a conditional notice to redeem all $1.0B 6.900% Senior Secured Notes due 2027 on Oct. 2, 2026, subject to proceeds from a potential senior secured notes offering or other financing.Material DetailsContext by AI AnalystThis is a mid-cycle liability management move as the…