Lumentum Holdings Inc. Announces $1.1 Billion Convertible Notes Offering

Reuters
Sep 03
<a href="https://laohu8.com/S/LITE">Lumentum Holdings Inc.</a> Announces $1.1 Billion Convertible Notes Offering

Lumentum Holdings Inc. has announced a $1.1 billion convertible notes offering, aiming to issue convertible senior notes due 2032. These notes will be offered in a private placement to qualified institutional buyers. The company is also granting initial purchasers a 13-day option to buy up to an additional $165.0 million in notes. The proceeds will partly be used to cover capped call transactions and to repurchase a portion of existing 0.50% Convertible Senior Notes due 2026. The convertible notes will be senior unsecured obligations, with interest payable semi-annually. The interest rate and conversion rate will be determined upon the pricing of the offering.

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. Lumentum Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250902686705) on September 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10