Progress Software Corp.

NASDAQ:PRGS   9:59:29 AM EDT
47.17
+0.32 (+0.68%)
Debt Financing / Related

Progress Software Announces Pricing Of Private Offering Of $325.0 Mln Aggregate Principal Amount Of 1.00% Convertible Senior Notes Due 2026

Published: 04/09/2021 03:14 GMT
Progress Software Corp. (PRGS) - Announces Upsize and Pricing of Convertible Senior Notes Offering.
Pricing of Its Private Offering of $325.0 Million Aggregate Principal Amount of 1.00% Convertible Senior Notes Due 2026.
Aggregate Principal Amount of Offering Was Increased From Previously Announced Offering Size of $300.0 Million.
Notes Will Bear Interest at Rate of 1.00%/year, Payable Semi-annually in Arrears on April 15 and Oct 15 Each Year, Beginning Oct 15 2021.