Lumentum Holdings Inc. has entered into a new credit agreement with Wells Fargo Bank, National Association, acting as administrative and collateral agent, and a syndicate of lenders. The agreement establishes a senior secured revolving credit facility of up to $400 million, which includes a $23 million sublimit for letters of credit. The facility allows for incremental commitments or term loans, subject to conditions, and will mature on December 19, 2030. The credit agreement requires Lumentum to meet certain financial covenants, including a maximum secured net leverage ratio and a minimum interest coverage ratio. The facility is secured by substantially all assets of Lumentum and certain subsidiaries, and as of the effective date, no loans or letters of credit had been drawn. Proceeds may be used for working capital and general corporate purposes.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-328691), on December 22, 2025, and is solely responsible for the information contained therein.
Comments