SCT Lumentum offering $1.1bn in convertible notes due in 2032

Post Reply
admin
Site Admin
Articles: 0
Posts: 3899
Joined: Sat Jul 11, 2026 7:10 pm

SCT Lumentum offering $1.1bn in convertible notes due in 2032

Post by admin »

Lumentum Holdings Inc of San Jose, CA, USA (which designs and makes optical and photonic products for optical networks and lasers for industrial and consumer markets) intends to offer (subject to market conditions and other factors) $1.1bn worth of convertible senior notes (due in 2032) in a private placement to qualified institutional buyers (pursuant to Rule 144A under the Securities Act of 1933, as amended). Lumentum also expects to grant the initial purchasers a 13-day option to purchase up to an additional $165m of the notes...

Source: https://www.semiconductor-today.com/new ... 0925.shtml
Post Reply