CIENA CORP - 8-K Filing
Ciena Corporation announced a proposed offering of $2.0 billion in convertible senior notes due 2031, with an option for initial purchasers to buy up to an additional $300 million. The company plans to use approximately $1.14 billion from the proceeds to repay its existing term loan and related fees, while also repurchasing up to $140 million of shares under its stock repurchase program.
Tickers: $CIEN