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 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.
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SOURCE Open Text Corporation