Viavi Solutions Inc. has announced that it has entered into privately negotiated agreements with certain holders of its 1.625% Convertible Senior Notes due 2026 to exchange $103.463 million in aggregate principal amount of these notes for 7,871,043 shares of its common stock at a price of $17.88 per share. Following the transaction, approximately $49.037 million of the 2026 Notes will remain outstanding. Viavi will not receive any cash proceeds from the exchange, which is expected to close on or about December 22, 2025, and will support the company's plan to prepay at least $100 million of its $600 million Term Loan Credit Facility over the next twelve months.
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 PR Newswire (Ref. ID: SF48188) on December 16, 2025, and is solely responsible for the information contained therein.
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