TORONTO, January 21, 2025 (GLOBE NEWSWIRE) — constellation programming a company . (TSX: TSX:, TSX: CSU.DB) ( a company(Announced today that the interest rate applicable to the Company's Series 1 unsecured floating rate subordinated securities) Bonds) will reset to 8.9% per annum on March 31, 2025. This new interest rate equals the average annual percentage change in the Consumer Price Index for All Items published by Statistics Canada over the 12-month period ending December 31, 2024 plus 6.5% and will be reversed. To pay interest on the bonds 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 debt securities will continue to reset on an annual basis on March 31 of each year.
Further details regarding the Notes can be found in the Company's final short form prospectus dated April 17, 2015 which was filed with 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 mission-critical software solutions.
For more information please contact:
Jamal Bakhsh
CFO
416-861-9677
info@csisoftware.com
www.csisoftware.com
Source: Kawkaba Software Company
