Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Pegasystems Inc. > News item |
Pegasystems buys back $35.73 million convertibles due 2025
By Mary-Katherine Stinson
Lexington, Ky., May 12 – Pegasystems Inc. repurchased $35.73 million in original principal amount of its 0.75% convertible senior notes due 2025 at a discounted price of 90.87 in a privately negotiated transaction, according to an 8-K filing with the Securities and Exchange Commission.
Accrued interest was also paid.
Following the buyback, $531.27 million in original principal amount of notes remain outstanding.
Pegasystems is a Cambridge, Mass.-based software company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.