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Concentrix Corp. (CNXC)
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Concentrix Corporation Announces Pricing of $600 Million Senior Notes Offering

Last updated: February 12, 2026
Taurigo

1. Overview of the Offering

On February 12, 2026, Concentrix Corporation (NASDAQ: CNXC), a leader in technology and services, announced the pricing of a public offering of $600 million in aggregate principal amount of 6.500% Senior Notes due 2029. This strategic move is aimed at refinancing existing debt and optimizing the company's capital structure. The offering is expected to close on February 24, 2026, subject to customary closing conditions.

2. Purpose of the Funds

The proceeds from this offering will be used primarily to redeem or repay, either at or prior to maturity, all or a portion of Concentrix's existing 6.650% Senior Notes due August 2, 2026. Currently, there is an outstanding amount of $800 million related to these 2026 Notes. By refinancing this debt, Concentrix aims to reduce its overall interest expenses and enhance its financial flexibility.

3. Joint Book-Running Managers

The offering is being managed by several prominent financial institutions, acting as joint book-running managers. These include:

  • BofA Securities, Inc.
  • J.P. Morgan Securities LLC
  • BNP Paribas Securities Corp.
  • Citigroup Global Markets Inc.
  • HSBC Securities (USA) Inc.
  • PNC Capital Markets LLC
  • TD Securities (USA) LLC
  • Truist Securities, Inc.
  • U.S. Bancorp Investments, Inc.
  • Wells Fargo Securities, LLC.

In addition, Fifth Third Securities, Inc., Goldman Sachs & Co. LLC, MUFG Securities Americas Inc., and Standard Chartered Bank are serving as co-managers for the offering.

4. Regulatory Compliance

The offering will be conducted under an effective shelf registration statement that has been previously filed with the U.S. Securities and Exchange Commission (SEC). Interested investors are encouraged to review the prospectus supplement and accompanying prospectus, which detail the terms of the offering. These documents, along with others filed by Concentrix with the SEC, are available for free on the SEC's EDGAR website.

5. About Concentrix Corporation

Concentrix Corporation is a Fortune 500® company recognized globally for its technology and services expertise. The company is committed to enhancing brand experiences, driving innovation through AI technologies, and delivering digital operations with a local touch. With a presence in over 70 markets and a diverse client base exceeding 2,000, Concentrix continues to redefine success in customer engagement.

6. Conclusion

The pricing of the $600 million Senior Notes Offering marks a significant step for Concentrix as it seeks to streamline its debt obligations and improve financial stability. As the market anticipates the closing of this offering, investors will be keen to observe how this strategic financial maneuver impacts Concentrix's long-term growth and operational efficiency.

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