---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-239688"
form_type: "8-K"
ticker: "GWRE"
cik: "0001528396"
company_name: "Guidewire Software, Inc."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:46:16.885154+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Guidewire issues $690M 1.25% convertible notes due 2029, retires $120.9M of 2025 notes

## Summary
- Issued $690M aggregate principal of 1.25% Convertible Senior Notes due 2029; initial conversion price ~$244.65/share.
- Entered capped call transactions costing $58.8M to reduce dilution; cap price ~$329.33/share.
- Retired $120.9M of its 1.25% 2025 Notes for $200.5M cash; $279.1M of 2025 Notes remain.
- Contemplates ~$300M revolving credit facility for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-24-239688
- form_type: 8-K
- ticker: GWRE
- cik: 0001528396
- company_name: Guidewire Software, Inc.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528396/000119312524239688/0001193125-24-239688-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528396/000119312524239688/d869983d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-239688
- JSON: https://secwatch.observer/filing/0001193125-24-239688.json
- Plain text: https://secwatch.observer/filing/0001193125-24-239688.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
