Open Text Corporation (OTEX) To Issue Secured Notes To Redeem $1.0B 2027s, Fund 2028 Tender

Open Text Corporation began a senior secured notes offering to redeem in full its $1.0B 2027 notes and fund a tender offer for up to $450M of its 2028 notes, subject to market and customary conditions.Material DetailsContext by AI AnalystThis continues OpenText’s ongoing balance sheet management fo…