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Cerence repurchases USD 10 million of senior notes at 92.75% - CRNC News | Rallies

Cerence repurchases USD 10 million of senior notes at 92.75%

CRNC•2026-08-26

Cerence repurchases convertible senior notes

Cerence entered privately negotiated deals on Aug. 25, 2026 to repurchase USD 10 million of 1.5% Convertible Senior Notes due 2028.
Cash repurchase price was set at 92.75% of principal, plus accrued and unpaid interest up to the settlement date.
The repurchased notes are expected to be canceled.

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Cerence repurchases USD 10 million of senior notes at 92.75%

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