debt
confidence high
sentiment neutral
materiality 0.40
Bentley Systems elects physical settlement for 0.125% convertible notes due 2026
BENTLEY SYSTEMS INC
- Notice given to switch conversion settlement method to Physical Settlement for 0.125% Convertible Notes due 2026.
- Effective October 15, 2025, all conversions will be settled by delivery of shares of Class B common stock.
- No change to principal or interest terms of the Notes; only settlement method changed.