Open Text Corporation (OTEX) Cuts 2028 Notes Tender Cap to $300M, Extends Deadlines

Open Text Corporation reduced the cap on its cash tender offer for 3.875% Senior Notes due 2028 to $300M from $450M and extended withdrawal, pricing, and expiration to Sept. 30, 2026. Settlement is expected Oct. 2, 2026, subject to conditions.Material DetailsContext by AI AnalystThis is a mid—cycle…