---
schema_version: "secwatch.filing_event.v1"
accession: "0001803599-23-000177"
form_type: "8-K"
ticker: "CNXC"
cik: "0001803599"
company_name: "Concentrix Corp"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:29:21.669129+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Concentrix issues $2.15B in senior notes to fund Webhelp acquisition, eliminates bridge loan

## Summary
- Issued $800M 6.650% notes due 2026, $800M 6.600% notes due 2028, and $550M 6.850% notes due 2033.
- Net proceeds to fund cash consideration for pending Webhelp acquisition, repay Webhelp debt, and pay fees.
- Remaining $2.15B bridge loan commitment from JPMorgan reduced to zero on August 2, 2023.
- Notes sold in registered public offering; indenture includes customary covenants and events of default.

## SEC filing metadata
- accession: 0001803599-23-000177
- form_type: 8-K
- ticker: CNXC
- cik: 0001803599
- company_name: Concentrix Corp
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000177/0001803599-23-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000177/cnxc-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803599-23-000177
- JSON: https://secwatch.observer/filing/0001803599-23-000177.json
- Plain text: https://secwatch.observer/filing/0001803599-23-000177.txt

## Key facts
- Debt Financings
  Concentrix Corp incurred senior notes of $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026, $800,000,000 aggregate principal amount of 6.60 with U.S. Bank Trust Company, National Association at 6.650% per annum for the 2026 Notes, 6.600% per annum for the 2028 Notes and 6.8 maturing 2026, 2028 and 2033, respectively.
  - Instrument: senior notes
  - Principal: $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026, $800,000,000 aggregate principal amount of 6.60
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 6.650% per annum for the 2026 Notes, 6.600% per annum for the 2028 Notes and 6.8
  - Maturity: 2026, 2028 and 2033, respectively
  - Event: incurrence
  source text: On August 2, 2023, Concentrix Corporation (“Concentrix” or the “Company”) issued and sold (i) $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026 (the “2026 Notes”), (ii) $800,000,000 aggregate principal amount of 6.600% Senior Notes due 2028 (the “2028 Notes”) and (iii) $550,000,000 aggregate principal amount of 6.850% Senior Notes due 2033 (the “2033 Notes” and, together with the 2026 Notes and 2028 Notes, the “Notes,” and such offering, the “Notes Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000177/0001803599-23-000177-index.htm
- Material Agreements
  Concentrix Corp entered into Indenture with U.S. Bank Trust Company, National Association valued at $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026, $800,000,000 aggregate prin (effective 2023-08-02).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026, $800,000,000 aggregate prin
  - Effective: 2023-08-02
  source text: On August 2, 2023, Concentrix Corporation (“Concentrix” or the “Company”) issued and sold (i) $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026 (the “2026 Notes”), (ii) $800,000,000 aggregate principal amount of 6.600% Senior Notes due 2028 (the “2028 Notes”) and (iii) $550,000,000 aggregate principal amount of 6.850% Senior Notes due 2033 (the “2033 Notes” and, together with the 2026 Notes and 2028 Notes, the “Notes,” and such offering, the “Notes Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000177/0001803599-23-000177-index.htm

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