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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Open Text Corporation | TSX:OTEX | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.19 | -0.46% | 40.75 | 40.64 | 40.77 | 41.08 | 40.55 | 40.82 | 390,622 | 21:14:58 |
From Apr 2024 to May 2024
WATERLOO, ON, May 8, 2024 /CNW/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net proceeds from its AMC divestiture, which reflects $940 million paid to terminate the Company's Term Loan B due 2025 and $1.06 billion to reduce amounts outstanding under its Acquisition Term Loan due 2030.
Please see investors.opentext.com for more information about the Company.
About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
Note: All dollar amounts in this press release are in U.S. dollars unless otherwise indicated.
OTEX - F
Copyright ©2024 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text. All rights reserved. For more information, visit: https://www.opentext.com/about/copyright-information.
View original content to download multimedia:https://www.prnewswire.com/news-releases/opentext-completes-2-billion-debt-reduction-302139813.html
SOURCE Open Text Corporation
Copyright 2024 Canada NewsWire
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