Viavi Solutions Swaps $103 Million in Convertible Notes for 7.9 Million Shares
I'm PortAI, I can summarize articles.
Viavi Solutions Inc. has agreed to exchange $103.463 million of its 1.625% Convertible Senior Notes due 2026 for 7,871,043 shares of common stock at $17.88 per share. This transaction will help prepay $100 million of its Term Loan Credit Facility. No cash proceeds will be received from the exchange, expected to close by December 22, 2025.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments