Cloud Software Group Raises Tender Price for 2029 Second Lien Notes
Fort Lauderdale – November 03, 2026 -- Cloud Software Group Holdings, Inc. raised the cash consideration in its tender offer for its 9.00% Senior Secured Second Lien Notes due 2029 to $1,022.50 per $1,000 principal amount, up from $1,017.50.
Consideration rises $5.00 per $1,000 of notes tendered
The increase lifts the offered price to 2.25% above par, from 1.75% previously. Holders whose notes are accepted will also receive accrued and unpaid interest, calculated from the last interest payment date up to, but excluding, the settlement date.
The offer remains capped at $2.0 billion aggregate principal amount of notes and is subject to proration. If the cap is fully used, the $5.00 increase adds up to $10 million to the maximum consideration. The company made the offer under an Offer to Purchase dated Nov. 2, 2026.