Open Text Corporation

OTEX

CA6837151068

Software

Real-time Estimate Cboe BZX Other stock markets 10:45:58 2024-04-26 am EDT			5-day change	1st Jan Change
35.92 ^USD	+0.50%		+2.85%	-14.21%

Apr. 15	Open Text Corporation Announces Cloud Editions 24.2	CI
Apr. 09	Open Text Corporation Announces Executive Changes	CI

Open Text Corporation Completes The Offering Of $1.5 Billion Senior Unsecured Fixed Rate Notes

December 14, 2021 at 11:23 pm EST

On November 24, 2021, Open Text Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText") and Open Text Holdings, Inc., a wholly-owned indirect U.S. subsidiary of OpenText, completed offerings of US$1.5 billion in total aggregate principal amount of senior unsecured fixed rate notes. The offerings consisted of US$850 million aggregate principal amount of OpenText's 3.875% senior unsecured notes due 2029, and US$650 million aggregate principal amount of OTHI's 4.125% senior unsecured notes due 2031.

Open Text, headquartered in Waterloo, Ontario, is a leader in information management.

BLG represented Barclays Capital Inc., as lead underwriter, with a team led by Cameron MacDonald and that included Jonas Farovitch and Danny Lang.

About BLG

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Mr Cameron A. MacDonald
Borden Ladner Gervais LLP
Bay Adelaide Centre, East Tower,
22 Adelaide Street W., Suite 3400
Toronto
Ontario M5H 4E3
CANADA
Tel: 4163676000
Fax: 4163676749
E-mail: info@blg.com
URL: www.blg.com

Latest news about Open Text Corporation

Open Text Corporation Announces Cloud Editions 24.2	Apr. 15	CI
Open Text Corporation Announces Executive Changes	Apr. 09	CI
Open Text Bolsters Leadership Team as Cione Named President of Worldwide Sales	Apr. 08	MT
Coroplast Group Partnering with OpenText to Meet Poland's E-Invoicing Mandates	Apr. 02	MT
Open Text Brief: Coroplast Group Partnering with OpenText to Meet Poland's E-Invoicing Mandates	Apr. 02	MT
Coroplast Group Partners with Opentext to Meet Poland's E-Invoicing Mandates	Apr. 02	CI
Open Text Strengthening X12 Collaboration to "Accelerate the Future of Supply Chain B2B Data Exchange"	Mar. 27	MT
Open Text Brief: Strengthening X12 Collaboration to "Accelerate the Future of Supply Chain B2B Data Exchange"	Mar. 27	MT
OpenText Strengthens X12 Collaboration to Accelerate Future of Supply Chain B2B Data Exchange	Mar. 27	CI
National Bank on Open Text Investor Meeting	Mar. 15	MT
Transcript : Open Text Corporation Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-04-2024 02:55 PM	Mar. 04
Open Text Brief: Joining the Joint Cyber Defense Collaborative to Enhance U.S. Government Cybersecurity	Feb. 13	MT
OpenText Joins the Joint Cyber Defense Collaborative to Enhance U.S. Government Cybersecurity	Feb. 13	CI
National Bank on OpenText's Q2 Results, Says "Cloud Gaining Some Altitude"	Feb. 02	MT
RBC on OpenText's Q2 Beat	Feb. 02	MT
Open Text Kept at Outperform at BMO Following Q4 Results Beat; Price Target Raised to C$50.00	Feb. 02	MT
TSX futures edge higher as oil gains; focus on US jobs data	Feb. 02	RE
Open Text Corporation Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 01	CI
Transcript : Open Text Corporation, Q2 2024 Earnings Call, Feb 01, 2024	Feb. 01
Open Text Fiscal Q2 Earnings, Revenue Rise -- Shares Rise After Hours	Feb. 01	MT
Open Text Up 4.3% After Hours as Fiscal Q2 Adjusted EPS Tops Expectations, Revenue Rises to a Record	Feb. 01	MT
Open Text Brief: Adds "Remain on track" to grow Micro Focus organically and bring Micro Focus on to the OpenText operating model by the end of this fiscal year	Feb. 01	MT
Open Text Brief: Says Balance sheet and liquidity position "Remain Strong" with approximately US$1 billion in cash as of December 31, 2023	Feb. 01	MT
Open Text Brief: Q2 Non-GAAP-based EPS, diluted US$1.24	Feb. 01	MT
Open Text Brief: Announced definitive agreement to divest the Application Modernization and Connectivity (AMC) business to Rocket Software for US$2.275 billion, net proceeds to reduce debt	Feb. 01	MT

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Company Profile

OpenText Corporation is a Canada-based information management company, which provides software and services. The Companyâs comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence cloud. The Companyâs solutions range from connecting digital supply chains to managing human resource processes to driving better information technology service management in manufacturing, retail, and financial services.

Sector

Software

Calendar

2024-05-02 - Q3 2024 Earnings Release

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Ratings for Open Text Corporation

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

35.74 USD

Average target price

50.17 USD

Spread / Average Target

+40.37%

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Sector Enterprise Software

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