Onsdag 12 Februari | 06:23:46 Europe / Stockholm

Beskrivning

LandKanada
SektorInformationsteknik
IndustriProgramvara
Constellation Software Inc., together with its subsidiaries, engages in the development, installation, and customization of software to various markets in the United States, Canada, the United Kingdom, Europe, and internationally. The company operates in two segments, Public Sector and Private Sector. The Public Sector segment develops and distributes software solutions primarily to government and government-related customers. The Private Sector segment develops and distributes software solutions, principally to commercial customers. The company also provides related professional services and support. Constellation Software Inc. was founded in 1995 and is headquartered in Toronto, Canada.
2025-01-21 23:13:44

TORONTO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX: CSU, TSX: CSU.DB) (the “Company”) announced today that the interest rate applicable to the unsecured subordinated floating rate debentures, Series 1 of the Company (the “Debentures”) will be reset to 8.9% per annum on March 31, 2025. This new interest rate is equal to the annual average percentage change in the “All-items Consumer Price Index” published by Statistics Canada during the 12 month period ending on December 31, 2024 plus 6.5% and will be reflected in the June 30, 2025 interest payment on the Debentures.

The current interest rate of 10.4% will remain in place until March 30, 2025. The interest rate applicable to the Debentures will continue to be reset on an annual basis on March 31 of each year.

Further details regarding the Debentures can be found in the final short form prospectus of the Company dated April 17, 2015 which has been filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

About Constellation Software Inc.

Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.

For further information please contact:

Jamal Baksh
Chief Financial Officer
416-861-9677
info@csisoftware.com
www.csisoftware.com