Open Text Corporation, founded in 1991 and headquartered in Waterloo, Ontario, is a global leader in Enterprise Information Management (EIM) solutions. The company focuses on helping organizations manage, secure, and leverage their data to enable digital transformation through its comprehensive suite of products and services, including content management, business process automation, and customer experience solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OTEXCN 3.88% 2028-02-15 USDOpen Text Corp | Canada | 2028-02-15 | 3.875 | 6.49 |
| OTEXCN 3.88% 2028-02-15 USDOpen Text Corp | Canada | 2028-02-15 | 3.875 | 6.61 |
| OTEXCN 3.88% 2029-12-01 USDOpen Text Corp | Canada | 2029-12-01 | 3.875 | 6.95 |
| OTEXCN 3.88% 2029-12-01 USDOpen Text Corp | Canada | 2029-12-01 | 3.875 | 6.92 |
| OTEXCN 6.90% 2027-12-01 USDOpen Text Corp | Canada | 2027-12-01 | 6.900 | 5.38 |
| OTEXCN 6.90% 2027-12-01 USDOpen Text Corp | Canada | 2027-12-01 | 6.900 | 5.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Open Text began issuing bonds in 2016, with notable issuances, including a $500 million senior unsecured note offering in 2021 that attracted strong demand and reflected robust investor confidence. The current yield on Open Text's bonds is competitive within the EIM industry, demonstrating their financial stability. Recently, the company also completed a refinancing of its existing credit facilities, aimed at reducing interest expenses and extending maturity profiles, which has strengthened their position in the market.