Sapiens International Corporation N.V. Announces Full Early Redemption of Series B Debentures

Sapiens International Corporation N.V. has announced the full early redemption of its Series B Debentures, which are listed on the Tel Aviv Stock Exchange. The redemption, approved by the Board of Directors on October 19, 2025, will take place on November 10, 2025. The Series B Debentures, with an aggregate principal par value of NIS 70 million linked to the U.S. dollar exchange rate, will be redeemed by paying the outstanding principal, accrued interest, and any applicable early redemption amounts. The total aggregate redemption consideration is expected to be NIS 66.6 million (approximately US $20 million). Upon completion, the Series B Debentures will be delisted from the TASE, and the Company will have fully discharged its obligations to the holders. The Series B Debentures were first issued in 2017 with a fixed annual interest rate of 3.37%, payable semi-annually, and were repayable in eight equal annual installments from 2019 through 2026.