Connect with us

Technology

CGI announces private offering of C$500 million, in aggregate, of 3.25 year and 4.75 year senior unsecured notes

Published

6 hours ago

on

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom

MONTREAL, Sept. 9, 2026 /PRNewswire/ — CGI (TSX: GIB.A) (NYSE: GIB) announced today that it has priced an offering of Canadian dollar denominated senior unsecured notes in two series.

CGI will issue C$500 million in aggregate principal amount of senior unsecured notes, consisting of C$250 million aggregate principal amount of 3.25 year notes and C$250 million aggregate principal amount of 4.75 year notes. The 3.25 year notes will bear interest at the rate of 4.195% per annum and 4.75 year notes will bear interest at the rate of 4.484% per annum. The offering is expected to close on or about September 14, 2026, subject to customary closing conditions.

The net proceeds from the offering are expected to be approximately C$497.3 million after deducting the agents’ fees and estimated offering expenses. CGI intends to use the aggregate net proceeds from the offering to repay existing indebtedness and for general corporate purposes.

The notes are being offered in Canada on an agency basis by a syndicate of agents led by Scotia Capital Inc., Desjardins Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., and TD Securities Inc.

The notes will be offered on a private placement basis in each of the provinces of Canada in reliance upon exemptions from the prospectus requirements of applicable securities laws. The notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the notes in the United States or any other jurisdiction where such offering or sale would be unlawful.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is $15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Forward-looking information and statements

This press release contains “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbours. All such forward-looking information and statements are made and disclosed in reliance upon the safe harbour provisions of applicable Canadian and United States securities laws. Forward-looking information and statements include all information and statements regarding CGI’s intentions, plans, expectations, beliefs, objectives, future performance, and strategy, as well as any other information or statements that relate to future events or circumstances and which do not directly and exclusively relate to historical facts. Forward-looking information and statements often but not always use words such as “believe”, “estimate”, “expect”, “intend”, “anticipate”, “foresee”, “plan”, “predict”, “project”, “aim”, “seek”, “strive”, “potential”, “continue”, “target”, “may”, “might”, “could”, “should”, and similar expressions and variations thereof. These information and statements are based on our perception of historic trends, current conditions and expected future developments, as well as other assumptions, both general and specific, that we believe are appropriate in the circumstances. Such information and statements are, however, by their very nature, subject to inherent risks and uncertainties, of which many are beyond the control of CGI, and which give rise to the possibility that actual results could differ materially from our expectations expressed in, or implied by, such forward-looking information or forward-looking statements. These risks and uncertainties include but are not restricted to: risks related to the market such as the level of business activity of our clients, which is affected by economic and political conditions, additional external risks (such as pandemics, armed conflict, climate-related issues, inflation, tariffs and/or trade wars) and our ability to negotiate new contracts; risks related to our industry such as competition and our ability to develop and expand our services to address emerging business demands and technology trends (such as artificial intelligence), to penetrate new markets, and to protect our intellectual property rights; risks related to our business such as risks associated with our growth strategy, including the integration of new operations, financial and operational risks inherent in worldwide operations, legal and operational risks inherent in contracting with government clients, foreign exchange risks, income tax laws and other tax programs, the termination, modification, delay or suspension of our contractual agreements, our expectations regarding future revenue resulting from bookings and backlog, our ability to attract and retain qualified employees, to negotiate favourable contractual terms, to deliver our services and to collect receivables, to disclose, manage and implement environmental, social and governance (ESG) initiatives and standards, and to achieve ESG commitments and targets, including without limitation, our commitment to reduce our carbon emissions, as well as the reputational and financial risks attendant to cybersecurity breaches and other incidents, including through the use of artificial intelligence, and financial risks such as liquidity needs and requirements, maintenance of financial ratios, our ability to declare and pay dividends, interest rate fluctuations and changes in creditworthiness and credit ratings; as well as other risks identified or incorporated by reference in this press release, in CGI’s annual and quarterly MD&A and in other documents that we make public, including our filings with the Canadian Securities Administrators (on SEDAR+ at www.sedarplus.ca) and the U.S. Securities and Exchange Commission (on EDGAR at www.sec.gov). Unless otherwise stated, the forward-looking information and statements contained in this press release are made as of the date hereof and CGI disclaims any intention or obligation to publicly update or revise any forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. While we believe that our assumptions on which these forward-looking information and forward-looking statements are based were reasonable as at the date of this press release, readers are cautioned not to place undue reliance on these forward-looking information or statements. Furthermore, readers are reminded that forward-looking information and statements are presented for the sole purpose of assisting investors and others in understanding our objectives, strategic priorities and business outlook as well as our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. Further information on the risks that could cause our actual results to differ significantly from our current expectations may be found in the section titled Risk Environment of CGI’s annual and quarterly MD&A, which is incorporated by reference in this cautionary statement. We also caution readers that the above-mentioned risks and the risks disclosed in CGI’s annual and quarterly MD&A and other documents and filings are not the only ones that could affect us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial could also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation.

View original content:https://www.prnewswire.com/news-releases/cgi-announces-private-offering-of-c500-million-in-aggregate-of-3-25-year-and-4-75-year-senior-unsecured-notes-302874496.html

SOURCE CGI Inc.

Related Topics:
Continue Reading

Technology

Submarine Networks World x Subsea Security World 2026 – enacting GUIDE starts here!

Published

10 minutes ago

on

September 10, 2026

By

Submarine Networks World x Subsea Security World 2026: the flagship annual event for the global subsea industry returns to Singapore

SINGAPORE, Sept. 10, 2026 /PRNewswire/ — Submarine Networks World 2026 (organised by Terrapinn), steps up another level and will be welcoming over 1,500 subsea fibre leaders and 150+ industry speakers from across the globe to Sands EXPO & Convention Centre in Singapore on September 23rd and 24th.

The introduction of the new Subsea Security World theatre, focused on the biggest talking point of the last twelve months, increases attendance and participation from security sector specialists, national and regional government entities, navy, coastguard, policymakers and academics from the Americas, Europe, Asia, Oceania.

“Subsea cables connect the world and protecting them has never mattered more. With the launch of Subsea Security World alongside our flagship event, 2026 brings together the commercial and security sides of the industry in one place for the first time. We’re thrilled to welcome back the global subsea community, as well as the policy makers and defence specialists shaping its future, to Singapore for what will be the largest edition yet, and the edition the industry has been waiting for”, Paul Clark, Managing Director (Asia), Terrapinn.

Everyone from cable owners/operators, consortium members, technology providers, innovators, consultants, service partners, government entities, financiers, surveying companies – the whole industry – will be onsite at the true ‘one-stop shop’ for any subsea cable project.

Meet with more than 80 sponsors, exhibitors and partners, including Title Sponsor – Nokia, Diamond Sponsors – Ciena and HMN Tech and Gold Sponsors ASN, APTelecom, BAE Systems, Center3, Digital Realty, EXFO, FiberHome, Fibersense, Huawei, Prysmian, ShinewayTech, SMD, Solwake, Starboard Maritime Intelligence and Telecom Egypt.

Attendees will hear from 150+ influential speakers from every inhabited continent around the world. Both mornings begin with the daily Keynote sessions, followed by 4 specialist theatres each day – Strategy, Cable, Data Centres & CLS, Network, O&M and Subsea Security World.

Keynote Speakers include:

Alan Mauldin, Research Director, TeleGeography Andy Palmer-Felgate, Submarine Cable Engineer, MetaGiuseppe Valentino, VP Product Management, Backbone & Infrastructure Solutions, SparkleNelson McMillan, Royal Navy Maritime Domain Awareness Adviser, Southeast Asia, UK Ministry of DefenceKent Bressie, Partner – HWG LLP / Legal Advisor, ICPC Nadia Krivetz, Director, Cable Resilience & Connectivity Centre, DFAT AustraliaCaptain Brett Dawe, Chief of Navy Liaison Officer to the Republic of Singapore Navy, Royal Australian NavySean Bergin, President & Co-Founder, APTelecomBevan Slattery, Founder, SUBCOMark Procter, Deputy CEO, Stavian HighTech InfrastructureAmbrogio Michetti, Chief Corporate & Revenue Officer, SparkleAmajit Gupta, Group CEO and MD, LightstormJim Fagan, Chief Executive Officer, EXA InfrastructureSasha Pearson, Policy Analyst, European Centre for Development Policy Management (ECDPM)Woon Sien Loh, Senior Director, Infrastructure Planning & Market Development, Info-Communications Media Development Authority (IMDA)Emily Kiernan, Head of Strategy and Investments, Telstra Digital InfrastructureRobert Pepper, Senior Fellow, Global Digital Inclusion PartnershipWalid Wakim, Chief Technology Officer of Systems, NokiaSavy Wei, Senior Network Solution Manager, HMN TechAmit Malik, Vice President, APJI Sales, Ciena

For event information and the full conference agenda, visit https://www.terrapinn.com/ExperienceSNW2026

PRNewswire is the Official Media Partner of Submarine Networks World x Subsea Security World 2026.

Press attendance is complimentary. Enquiries should be directed to:
Jessica Foong
Terrapinn Pte Ltd
Jessica.foong@terrapinn.com

About Submarine Networks World x Subsea Security World 2026:
Submarine Networks World x Subsea Security World 2026 will take place on 23-24 September 2026 at Sands Expo & Convention Centre in Singapore. Firmly established as the world’s largest annual gathering of the global subsea communications community, Submarine Networks World is the dedicated platform to exchange knowledge, explore the latest projects, develop strategies and form lucrative new partnerships to drive the industry forward. For 2026, Subsea Security World joins the event for the first time, bringing together the public, private and policy-making stakeholders shaping the future of cable security and protection.

About Terrapinn: 
Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce a product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/submarine-networks-world-x-subsea-security-world-2026–enacting-guide-starts-here-302875034.html

SOURCE Terrapinn Pte Ltd

Continue Reading

Technology

Iyuno’s Strategic Approach: Multi-Agent AI, Built Around Context

Published

10 minutes ago

on

September 10, 2026

By

Specialized AI agents are becoming an industry-wide shift. Iyuno applied that approach to one of media’s hardest problems: giving AI a memory that holds up across scenes, episodes, and seasons.

BURBANK, Calif., Sept. 10, 2026 /PRNewswire/ — Iyuno, the world’s largest media localization company, today detailed the multi-agent engineering behind CLOE’s Contextual Memory, built on the belief that applying specialized AI agents to a narrow, well-defined problem outperforms brute-force scale.

Most enterprise AI deployments chase scale — bigger models, bigger context windows, bigger compute bills — and still lose narrative continuity across long-form video. CLOE takes a different approach, built on three principles:

Vertical Multi-Agent Orchestration. Instead of one monolithic model, a network of hyper-specialized micro-agents each performs a specific function, such as character relationship mapping, emotional intent, prosodic matching, or brand compliance, instead of relying on a single system to perform every task.High-Density, Low-Token Prompting. Raw video, audio, and script are synthesized into a structured knowledge graph first; agents work from compressed, high-signal context vectors instead of massive raw inputs, cutting token consumption and inference cost per title.Persistent Graph Memory. Agent outputs converge into one persistent ontology graph instead of being discarded after each task, so understanding compounds across a title, season, or franchise without compounding inference cost.

“Our focus was never building the biggest AI system—it was building the right one for media,” said David Lee, Founder & CEO of Iyuno. “For a broad, general-purpose problem, bigger models and more compute make sense. For a specialized domain like entertainment, that scale doesn’t buy you the thing that actually matters: narrative continuity. Specialized agents working off precise, high-density context get us state-of-the-art understanding at a fraction of the footprint, and that footprint doesn’t grow with catalog size the way monolithic approaches do. Every title we process makes the graph more capable, not more expensive to run.”

This architecture already runs Iyuno’s commercial suite: CLOE Enterprise (SaaS), CLOE Sub, CLOE Script, CLOE Dub, and CLOE Live — in live studio and streaming production today. Future announcements will detail how it extends into CLOE Skills across accessibility, marketing, and additional workflows.

About Iyuno

Iyuno (www.iyuno.com) is a leading provider of localization services for the media and entertainment industry. Trusted by top entertainment brands and creators worldwide, Iyuno offers comprehensive end-to-end localization services from 40 offices across 29 countries. Backed by a team of exceptional creative and technical talent, state-of-the-art facilities, and cutting-edge technologies, Iyuno proudly boasts the largest global footprint amplifying its dubbing, subtitling and media services offerings. The company is also the creator of CLOE, a contextual intelligence platform that transforms content into structured understanding, enabling AI-powered workflows across localization, accessibility, marketing, and emerging content experiences.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/iyunos-strategic-approach-multi-agent-ai-built-around-context-302875036.html

SOURCE Iyuno

Continue Reading

Technology

Nel ASA: Enters framework agreement with Hydrasun as a European integration partner for PEM electrolyser solutions

Published

10 minutes ago

on

September 10, 2026

By

OSLO, Norway, Sept. 10, 2026 /PRNewswire/ — Nel ASA (Nel) (OSE: NEL) has entered into a framework agreement with Hydrasun to establish dedicated assembly and integration capabilities for the MC Series, Nel’s modular and scalable PEM technology platform. With this partnership, Nel gains an experienced integration partner in Europe, complementing its existing integration setup in the US and widening its delivery capabilities for the European market. Nel’s PEM stack production will continue at Nel’s Wallingford, Connecticut facility in the US.

Under the agreement, Hydrasun will develop production capabilities for the assembly and integration of Nel’s containerized PEM technology platform. Hydrasun will procure, integrate, and manufacture the balance of plant systems surrounding the electrolyser stack, enabling delivery of a fully integrated, modular, and containerized electrolyser offering, while stack production continues to be done by Nel from its Wallingford facility. The collaboration gives Nel an experienced integration partner in Europe at a time of growing demand for standardized, modular electrolyser solutions. It will expand Nel’s manufacturing flexibility and strengthen supply chain resilience, while bringing production capabilities closer to key growth markets. Hydrasun’s initiative is supported by the Scottish Government’s Just Transition Fund and will see Hydrasun invest in and upgrade its Aberdeen facilities to support clean technology manufacturing.

“This agreement marks a defining moment in Hydrasun’s evolution. For 50 years we’ve supported the energy industry in the areas of fluid transfer, power and control solutions, and clean energy, this investment builds directly on that industrial capability,” says James Gaskell, Chief Executive at Hydrasun. “Establishing Scotland’s first electrolyser assembly and integration facility is a proud milestone for the company and an important step forward for Aberdeen’s energy sector more broadly, ensuring the city has genuine clean energy manufacturing capability.”

The project is expected to contribute to the development of Scotland’s clean energy manufacturing sector by building on existing industrial competence in Aberdeen, supporting skills development, supply chain activity, and high-value employment. Hydrasun has stated that the initiative has the potential to create up to 12 new jobs while safeguarding a further 11 existing roles.

“We are pleased to be working with Hydrasun to establish an experienced European integration partner for our standardized PEM electrolyser solutions, the MC Series. As demand for standardized, modular systems grows, this collaboration enhances our ability to serve key markets while creating greater flexibility and scalability across our production network,” says Tushar Ghuwalewala, SVP PEM Operations at Nel.

For additional information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02 097
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com 

Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. The company specializes in PEM and Alkaline electrolyser technology for production of renewable hydrogen. Nel’s product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/nel-asa/r/nel-asa–enters-framework-agreement-with-hydrasun-as-a-european-integration-partner-for-pem-electrol,c4392033

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/nel-asa-enters-framework-agreement-with-hydrasun-as-a-european-integration-partner-for-pem-electrolyser-solutions-302875040.html

Continue Reading

Trending