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CGI to repay debt under term loan with proceeds from new notes
By Marisa Wong
Los Angeles, Sept. 9 – CGI Inc. plans to repay debt under its unsecured term loan credit facility maturing in March 2023 using proceeds from an offering of new notes, according to a company news release.
CGI announced on Thursday plans to issue about $1 billion of senior notes in two tranches.
The information technology and business consulting services firm is based in Montreal.
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