Reported Earlier, Guidewire Software Prices Upsized $600M 1.25% Convertible Senior Notes Due 2029
Reported Earlier, Guidewire Software Prices Upsized $600M 1.25% Convertible Senior Notes Due 2029
The offering size was increased from the previously announced offering size of $500.0 million aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on October 18, 2024, subject to customary closing conditions. Guidewire also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $90.0 million aggregate principal amount of notes.
发行规模比先前宣布的50,000万美元票据总额提高。票据的发行和销售定于2024年10月18日结算，视例行结算条件而定。Guidewire还授予票据的首次购买者在票据首次发行并发行之日起的13天内有权购买多达额外9,000万美元票据总额。
The notes will be senior, unsecured obligations of Guidewire and will accrue interest at a rate of 1.25% per annum, payable semi-annually in arrears on May 1 and November 1 of each year, beginning on May 1, 2025. The notes will mature on November 1, 2029, unless earlier repurchased, redeemed or converted. Before August 1, 2029, noteholders will have the right to convert their notes only upon the occurrence of certain events.
这些票据将是Guidewire的优先无担保债务，年利率为1.25%，每年5月1日和11月1日进行半年付息，从2025年5月1日起开始。这些票据将于2029年11月1日到期，除非在此之前被回购、赎回或转换。在2029年8月1日之前，持有人只有在发生某些事件时才有权转换其票据。
