Constellation Software Inc. Announces Annual Interest Rate for Series 1 Debentures
January 17 2023 - 11:53PM
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 13.3% per annum on March 31, 2023. 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, 2022 plus 6.5% and will be
reflected in the June 30, 2023 interest payment on the Debentures.
The current interest rate of 9.9% will remain in
place until March 30, 2023. 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 BakshChief Financial
Officer416-861-9677info@csisoftware.comwww.csisoftware.com
Constellation Software (TSX:CSU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Constellation Software (TSX:CSU)
Historical Stock Chart
From Apr 2023 to Apr 2024