Ciena Announces Private Placement of $2 Billion Convertible Senior Notes

Ciena (CIEN) plans a private placement offering for $2 billion in convertible senior notes due in 2031, with an option to issue up to an additional $300 million. The move is expected to provide the network technology company with capital flexibility.

By Ravikash Bakolia, SA News Editor · Seeking Alpha ·

Ciena Announces Private Placement of $2 Billion Convertible Senior Notes

Tickers: $CIEN

Topics: capital raising convertible notes

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