---
schema_version: "secwatch.filing_event.v1"
accession: "0001002638-26-000072"
form_type: "8-K"
ticker: "OTEX"
cik: "0001002638"
company_name: "OPEN TEXT CORP"
filed_at: "2026-09-22T12:24:42+00:00"
generated_at: "2026-09-22T12:30:12.270472+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OpenText to redeem $1.0B of 6.900% 2027 notes, may offer new senior secured notes

## Summary
- Conditional redemption of $1.0B 6.900% Senior Secured Notes due 2027 on Oct 2, 2026, subject to financing condition.
- Redemption price is greater of 100% principal or Treasury rate + 50bps discounted value, plus accrued interest.
- Exploring Rule 144A/Reg S offering of senior secured notes to fund redemption; remaining proceeds for general corporate purposes.
- Seeking amendment to revolving credit agreement to extend maturity; definitive documentation not yet executed.

## SEC filing metadata
- accession: 0001002638-26-000072
- form_type: 8-K
- ticker: OTEX
- cik: 0001002638
- company_name: OPEN TEXT CORP
- filed_at: 2026-09-22T12:24:42+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002638/000100263826000072/0001002638-26-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002638/000100263826000072/otex-20260922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001002638-26-000072
- JSON: https://secwatch.observer/filing/0001002638-26-000072.json
- Plain text: https://secwatch.observer/filing/0001002638-26-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.