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5 months ago
BRIEF-Viavi Solutions announces proposed $400 mln of senior convertible notes and common stock repurchase
February 27, 2017 / 12:27 PM / 5 months ago

BRIEF-Viavi Solutions announces proposed $400 mln of senior convertible notes and common stock repurchase

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Feb 27 (Reuters) - Viavi Solutions Inc

* Viavi Solutions Inc announces proposed $400 million of senior convertible notes and common stock repurchase

* Viavi Solutions Inc says plans to offer up to $400 million aggregate principal amount of its senior convertible notes due 2024

* Viavi Solutions - intends to use proceeds from offering for refinancing,with cash on hand, its outstanding 0.625 pct senior convertible notes due 2033

* Viavi Solutions Inc - intends to use up to $75 million of net proceeds from offering to repurchase shares of its common stock Source text for Eikon: Further company coverage:

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