Open Text (OTEX) amended certain terms of its cash tender offer for its outstanding 3.875% senior notes due 2028, the company said on Friday.

Under the amended terms, the company reduced the aggregate maximum tender amount to $300 million in principal from $450 million.

The company said it will use cash on hand and proceeds from a concurrent senior secured notes offering to fund the consideration for a portion of its outstanding bonds accepted for purchase in the tender offer.

OpenText also extended the withdrawal deadline, price determination date, and expiration date to Sept. 30 from Sept. 29.