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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

先前報道,guidewire software定價增加至60000萬美元的1.25%可轉換2029年到期高級票據
Benzinga ·  10/16 01:31

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.

發行規模比先前宣佈的50,000萬美元票據總額提高。票據的發行和銷售定於2024年10月18日結算,視例行結算條件而定。Guidewire還授予票據的首次購買者在票據首次發行併發行之日起的13天內有權購買多達額外9,000萬美元票據總額。

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.

這些票據將是Guidewire的優先無擔保債務,年利率爲1.25%,每年5月1日和11月1日進行半年付息,從2025年5月1日起開始。這些票據將於2029年11月1日到期,除非在此之前被回購、贖回或轉換。在2029年8月1日之前,持有人只有在發生某些事件時才有權轉換其票據。

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