secwatch.observer — SEC 8-K summary
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Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2026-09-23T21:21:59+00:00
Accession:  0001002638-26-000079
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenText prices $1.0B senior secured notes to redeem 2027 notes, fund 2028 tender
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- $500M 6.700% notes due 2031 and $500M 7.150% notes due 2033 priced; close expected Oct 1, 2026.
- Proceeds fund redemption of all $1.0B 6.900% 2027 notes plus tender for up to $450M of 3.875% 2028 notes.
- Notes senior secured, guaranteed by existing subsidiaries; unregistered, sold under Rule 144A/Reg S.
- Redemption and tender subject to financing condition; tender per Offer to Purchase dated Sept 23, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263826000079/0001002638-26-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263826000079/otex-20260923.htm
  HTML page:      https://secwatch.observer/filing/0001002638-26-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer