Alteryx Bondholders Reach Deal With Company to Redeem Notes

Alteryx Inc. has reached a deal with bondholders to take out the company’s outstanding notes after a months-long negotiation process.

The company’s 8.75% senior unsecured notes due 2028 will become puttable at 102 cents on the dollar in December, meaning bondholders can sell them back to the company at that price plus accrued and unpaid interest, according to a company statement.

The notes changed hands at 102.5 cents during Thursday trading.

The deal wraps up a months-long process in which the company attempted to tender the notes at 101.25 cents, only to have bondholders rebuff the offer. In March, ...