debt
confidence high
sentiment neutral
materiality 0.60
Pegasystems repurchases $35.73M of 0.75% convertible notes due 2025 at discount
PEGASYSTEMS INC
- Repurchased $35.73M principal at $90.87 per $100, plus accrued interest.
- After repurchase, $531.27M of the Notes remain outstanding.
- Company may seek additional repurchases via open market or private transactions.
- Repurchase priced at a ~9% discount to par value.