Constellation Software Inc. publishes the annual interest rate for Investing.com Series 1 Debentures
TORONTO, Jan. 21, 2025 (GLOBE NEWSWIRE) — Constellation Software Inch . (TSX: TSX:, TSX: CSU.DB) ( Company) announced today that the interest rate applicable to the Company’s Series 1 Unsecured Subordinated Floating Rate Notes ( Debentures) will be reversed to 8.9% per annum on March 31, 2025. This new interest rate is equal to the annual average percentage change in the Consumer Price Index of all items published by Statistics Canada over the 12-month period ending on December 31, 2024, plus 6.5 % and will be reflected in the payment of interest on the Debentures on June 30, 2025.
The current interest rate of 10.4% will remain in effect until March 30, 2025. The interest rate applicable to the Notes will continue to reset on an annual basis on March 31 of each year.
Further details about the Notes can be found in the Company’s final summary prospectus 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 (ETR:) acquires, manages and builds vertical market software companies that provide turnkey software solutions.
For additional information, please contact:
Jamal Baksh
Chief Financial Officer
416-861-9677
info@csisoftware.com
www.csisoftware.com
Source: Constellation Software Inc.
