Open Text Corporation (OTEX) Launches Cash Tender for Up to $450M of 2028 Notes

Open Text Corporation began a cash tender offer to purchase up to $450M of its 3.875% Senior Notes due 2028, subject to a financing condition tied to a new secured notes offering and redemption of $1.0B 2027 notes. Expiration and pricing are set for Sept. 29, 2026.Material DetailsContext by AI Anal…