Constellation Software Inc. Announces Annual Interest Rate for Series 1 Debentures

Jan 18, 2023

TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX: CSU, TSX: CSU.DB) (the “Company”) announced today that the interest rate applicable to the unsecured subordinated floating rate debentures, Series 1 of the Company (the “Debentures”) will be reset to 13.3% per annum on March 31, 2023. This new interest rate is equal to the annual average percentage change in the “All-items Consumer Price Index” published by Statistics Canada during the 12 month period ending on December 31, 2022 plus 6.5% and will be reflected in the June 30, 2023 interest payment on the Debentures.

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