secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001193125-23-142883
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Pegasystems repurchases $35.73M of 0.75% convertible notes due 2025 at discount
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000119312523142883/0001193125-23-142883-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000119312523142883/d493123d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-142883

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