• OpenText issued a conditional notice to redeem USD 1 billion of 6.900% Senior Secured Notes due 2027 on Oct. 2, 2026.
• Redemption depends on funding, including net proceeds from one or more debt offerings; cash on hand may cover any shortfall.
• Redemption price equals the greater of par or a make-whole amount based on Treasury rate plus 50 basis points, excluding accrued interest.
• Interest stops accruing on the 2027 Notes from the redemption date if the redemption amount is paid.
• OpenText is exploring a Rule 144A/Regulation S senior secured notes offering to finance the redemption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Open Text Corporation published the original content used to generate this news brief via CNW (Ref. ID: 202609220820CANADANWCANADAPR_C9234) on September 22, 2026, and is solely responsible for the information contained therein.