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Issuer:
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Concentrix Corporation
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Notes Offered:
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6.500% Senior Notes due 2029 (the “Notes”)
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Expected Security Ratings*:
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Baa3 (Moody’s) / BBB- (S&P) / BBB (Fitch)
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Distribution:
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SEC Registered
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Trade Date:
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February 12, 2026
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Settlement Date:
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February 24, 2026 (T+7)**
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Principal Amount:
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$600,000,000
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Maturity Date:
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March 1, 2029
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Interest Payment Dates:
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March 1 and September 1, commencing September 1, 2026
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Record Dates:
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February 15 and August 15
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Coupon:
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6.500%
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Issue Price to Public:
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99.966% of the principal amount, plus accrued interest, if any, from February 24, 2026
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Gross Proceeds:
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$599,796,000
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Yield to Maturity:
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6.512%
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Spread to Benchmark Treasury:
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T+300 bps
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Benchmark Treasury:
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3.500% UST due January 15, 2029
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Benchmark Treasury Price/Yield:
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99-30 7/8 / 3.512%
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Optional Redemption:
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Prior to February 1, 2029, make-whole call at T+50bps
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Par Call:
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Callable on or after February 1, 2029 at 100%
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Interest Rate Adjustment:
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The interest rate payable on the Notes will be subject to adjustment from time to time if any of Moody’s, S&P or Fitch (or, in each case, a substitute rating agency therefor), downgrades (or subsequently upgrades) the debt rating
applicable to the Notes, as set forth under the caption “Description of the Notes—Interest Rate Adjustment” in the preliminary prospectus supplement.
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Use of Proceeds:
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We intend to use the net proceeds from the sale of the Notes, together with other available funds, as necessary, to redeem or otherwise repay at or prior to maturity all or a portion of our 6.650% Senior Notes due August 2, 2026 (the “2026
Notes”), of which $800 million aggregate principal amount is outstanding as of the date hereof, and pay related fees and expenses.
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Conflicts of Interest:
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Certain of the underwriters and/or their respective affiliates and associated persons may own a portion of the 2026 Notes. If any of the underwriters, together with their respective affiliates and associated persons, receive at least 5% of
the net proceeds from this offering, not including underwriting compensation, as a result of our intended use of the net proceeds from the sale of the Notes, such underwriters will be deemed to have a “conflict of interest” within the meaning
of Rule 5121 of the Financial Industry Regulatory Authority, Inc. (“FINRA Rule 5121”). However, pursuant to FINRA Rule 5121, the appointment of a qualified independent underwriter is not necessary in connection with this offering because the
notes are “investment grade rated” as defined by FINRA Rule 5121.
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CUSIP/ISIN:
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20602DAD3 / US20602DAD30
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Denominations/Multiple:
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The Notes will be issued in minimum denominations of $2,000 and in integral multiples of $1,000 in excess thereof.
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Joint Book-Running Managers:
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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
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Co-Managers:
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Fifth Third Securities, Inc.
Goldman Sachs & Co. LLC
MUFG Securities Americas Inc.
Standard Chartered Bank
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