Korn Ferry Announces Conditional Redemption of $400M 2027 Notes

What Happened
Korn Ferry (KFY) filed an 8-K on August 6, 2026 announcing a conditional notice of redemption for its 4.625% Senior Notes due 2027. The company intends to redeem the entire outstanding principal amount—$400 million—on August 18, 2026, at a redemption price equal to 100% of principal plus accrued and unpaid interest up to (but not including) the Redemption Date.

Key Details

• Notes: 4.625% Senior Notes due 2027 (CUSIPs 50067P AA7 / U5007Q AA9), issued under the Indenture dated December 16, 2019.
• Redemption date and amount: August 18, 2026; redemption price 100% of outstanding principal = $400,000,000, plus accrued interest.
• Condition: Redemption is conditioned on completing one or more debt financing transactions and receiving at least $400 million in aggregate gross proceeds by the Redemption Date; Korn Ferry may waive this condition at its sole discretion.
• Trustee/Indenture: Computershare Trust Company, N.A. (successor to Wells Fargo Bank, N.A.) is the trustee referenced.

Why It Matters
If completed, the redemption will retire $400 million of Korn Ferry’s 2027 debt and remove the related interest obligations. However, the transaction depends on securing financing (or the company choosing to waive that condition), so investors should watch for follow-up disclosures about any new debt financing, the company’s use of proceeds, and confirmation that the redemption occurred. The filing also contains forward-looking statements about the timing and completion of the redemption and the risks that could prevent it.