secwatch.observer — SEC 8-K summary
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Issuer:     Concentrix Corp (CNXC)
CIK:        0001803599
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001803599-23-000165
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concentrix prices $2.15B senior notes offering to fund Webhelp acquisition
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- Priced $800M 6.650% notes due 2026, $800M 6.600% notes due 2028, $550M 6.850% notes due 2033.
- Net proceeds to fund cash consideration for pending Webhelp acquisition, repay Webhelp debt, pay fees.
- Offering expected to close August 2, 2023, subject to customary conditions.
- Notes subject to special mandatory redemption at 101% if acquisition not closed by certain date.
- Joint book-runners: J.P. Morgan, BofA, HSBC, MUFG, PNC, Scotia, SMBC, TD, Truist, U.S. Bancorp, Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803599/000180359923000165/0001803599-23-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803599/000180359923000165/cnxc-20230719.htm
  HTML page:      https://secwatch.observer/filing/0001803599-23-000165

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