Pegasystems Repurchases Convertible Notes at a Discount
Company Announcements

Pegasystems Repurchases Convertible Notes at a Discount

The latest update is out from Pegasystems ( (PEGA) ).

Pegasystems Inc. has repurchased $34.4 million of its convertible senior notes at a discount, leaving $467.9 million outstanding. The company plans to potentially retire more notes, depending on market conditions and liquidity needs, which may influence the trading liquidity of the notes and the market price of its common stock.

For detailed information about PEGA stock, go to TipRanks’ Stock Analysis page.

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