Concentrix sells $600 million of 6.500% notes due 2029 to redeem 2026 notes
Concentrix issued and sold $600 million of 6.500% Senior Notes due March 1, 2029, in a registered public offering on February 24, 2026. The company said it used the proceeds with other available funds to redeem $600 million of its 6.650% Senior Notes due August 2, 2026, which had $800 million outstanding before the redemption. The filing describes a refinancing of existing debt; it does not state a change in total borrowing.
Key points
- Notes carry a 6.500% rate, paid semi-annually from September 1, 2026, maturing March 1, 2029
- Proceeds plus other funds used to redeem $600 million of 6.650% notes due August 2, 2026, with $800 million previously outstanding
- Rate can adjust if Moody's, S&P or Fitch downgrade or later upgrade the notes' rating
- Notes are redeemable before February 1, 2029 at the greater of par or a make-whole price
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.