Pegasystems repurchases $34.4M of 2025 convertible notes at 98.5% of par

PEGASYSTEMS INC

Repurchased $34.4M principal of 0.75% convertible notes due 2025 at $98.50 per $100, plus accrued interest.
After repurchase, $467.9M principal of notes remain outstanding.
Company may pursue additional repurchases or exchanges depending on market conditions and liquidity.
Transaction executed as privately negotiated purchase; discount reduces future interest obligations.

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