Open Text Corporation (OTEX) Prices $1.0B Secured Notes to Refinance 2027s, Tender for 2028s
Open Text Corporation priced $500M 6.700% notes due 2031 and $500M 7.150% notes due 2033, expected to close Oct 1, 2026, to redeem its $1.0B 2027 notes and fund a tender offer for up to $450M of 3.875% 2028 notes.Material DetailsContext by AI AnalystThis continues OpenText’s balance sheet managemen…