Bentley Systems Repays $678 Million in Convertible Senior Notes at Maturity
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Bentley Systems Inc. has repaid $678 million in principal and interest on its 0.125% Convertible Senior Notes due 2026, funded by cash and $610 million from revolving credit facilities. This repayment reduces the fully-diluted share count by about three percent and keeps net leverage within target range. $575 million of 0.375% Convertible Senior Notes due mid-2027 remain outstanding.
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