Tyler Technologies prices upsized USD 1.25 billion convertible senior notes offering
Tyler Technologies, Inc.
Tyler Technologies, Inc. TYL | 0.00 |
- Tyler Technologies priced USD 1.25 billion of 0.50% convertible senior notes due 2031, upsizing previously announced USD 1 billion offering.
- Issuance scheduled to settle May 14, 2026; initial purchasers hold option to buy up to additional USD 187.5 million of notes.
- Net proceeds estimated at about USD 1.22 billion, rising to about USD 1.41 billion if option fully exercised.
- Proceeds earmarked for financial flexibility, capped call transactions, concurrent repurchase of 1,026,900 shares for about USD 320.7 million, general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tyler Technologies Inc. published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.
