OpenText Completes $2 Billion Debt Reduction
OTEXOpenText(OTEX) Prnewswire·2024-05-08 21:00

WATERLOO, ON, May 8, 2024 /PRNewswire/ -- 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 Informa ...