Bentley Systems Changes Default Settlement Method for Convertible Notes
Less than 1 min read
On October 14, 2025, Bentley Systems announced a change to the settlement method for its convertible notes.
Key Highlights:
- Change applies to 0.125% Convertible Senior Notes due 2026.
- Default Settlement Method changed to Physical Settlement.
- Conversions from October 15, 2025, settled in Class B common stock.
Original SEC Filing: BENTLEY SYSTEMS INC [ BSY ] - 8-K - Oct. 14, 2025
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