secwatch / observer
8-K filed September 11, 2023, 7:59 PM ET ticker CSGS CIK 0001005757
debt confidence high sentiment neutral materiality 0.70

CSG SYSTEMS INTERNATIONAL INC (CSGS): debt financing — CSG Systems issues $425M convertible notes due 2028; enters capped call hedges

CSG SYSTEMS INTERNATIONAL INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CSG SYSTEMS INTERNATIONAL INC incurred convertible notes of $425.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 3.875% per year maturing September 15, 2028.

Instrument
convertible notes
Principal
$425.0 million aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
3.875% per year
Maturity
September 15, 2028
Event
incurrence
Exact text from the filing
On September 11, 2023, CSG Systems International, Inc. (“CSG” or the “Company”) issued and sold $425.0 million aggregate principal amount of its 3.875% Convertible Senior Notes due 2028 (the “Notes”), which amount included $50.0 million aggregate principal amount of Notes sold pursuant to the initial purchasers’ (the “Initial Purchasers”) full exercise of their option to purchase additional Notes.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CSG SYSTEMS INTERNATIONAL INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $425.0 million aggregate principal amount (effective 2023-09-11).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$425.0 million aggregate principal amount
Effective
2023-09-11
Exact text from the filing
On September 11, 2023, CSG Systems International, Inc. (“CSG” or the “Company”) issued and sold $425.0 million aggregate principal amount of its 3.875% Convertible Senior Notes due 2028 (the “Notes”), which amount included $50.0 million aggregate principal amount of Notes sold pursuant to the initial purchasers’ (the “Initial Purchasers”) full exercise of their option to purchase additional Notes. The Notes were issued pursuant to an indenture (the “Indenture”), dated as of September 11, 2023, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
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102 debt financings filed in the last 30 days. Browse all debt financings →

CSG SYSTEMS INTERNATIONAL INC filing history →

Source: SEC EDGAR
accession 0000950170-23-047516
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