Altair Engineering Inc. 1.75% 15-JUN-2027Altair Engineering Inc. 1.75% 15-JUN-2027Altair Engineering Inc. 1.75% 15-JUN-2027

Altair Engineering Inc. 1.75% 15-JUN-2027

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ALTR5615146 analysis



Key facts


Issue date
Jul 7, 2023
Maturity date
Jun 15, 2027
Outstanding amount
‪230.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
1.75% (Fixed)
Yield to maturity
−13.25%
Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. It operates through the following segments: Software and Client Engineering Services. The Software segment includes a portfolio of software products, as well as solvers and optimization technology products, modelling and visualization tools. The Client Engineering Services segment engages in the provision of client engineering services to support customers with long-term, ongoing product design and development expertise. The company was founded by James Ralph Scapa in 1985 and is headquartered in Troy, MI.
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