Viavi Solutions Inc. Secures $250 Million Through Issuance of 0.625% Senior Convertible Notes Due 2031 in Private Placement Transactions

Reuters
08/26
<a href="https://laohu8.com/S/VIAV">Viavi Solutions Inc.</a> Secures $250 Million Through Issuance of 0.625% Senior Convertible Notes Due 2031 in Private Placement Transactions

Viavi Solutions Inc. has entered into a significant new financing agreement, issuing $250 million in aggregate principal amount of 0.625% Senior Convertible Notes due 2031. This transaction was finalized on August 20, 2025, under an Indenture with U.S. Bank Trust Company, National Association, acting as trustee. The issuance includes approximately $100.9 million in New Notes exchanged for $97.5 million of existing 1.625% Senior Convertible Notes due 2026, in addition to $149.1 million in New Notes sold for cash. This move is part of a strategic financial maneuver involving private transactions with institutional accredited investors and qualified institutional buyers, in accordance with exemptions under the Securities Act of 1933. The agreement outlines standard default conditions, including payment defaults and bankruptcy events, which could accelerate repayment obligations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viavi Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-032510), on August 25, 2025, and is solely responsible for the information contained therein.

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