Pegasystems repurchases $29M of convertible notes at 91.375% of par

PEGASYSTEMS INC

Repurchased $29.0M principal amount of 0.75% convertible notes due 2025 at $91.375 per $100 par plus accrued interest.
Following repurchase, $502.27M in original principal of the notes remain outstanding.
Company may undertake further repurchases or exchanges in open market or private transactions depending on market conditions.
Repurchase at a discount reduces outstanding debt and future interest expense.

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