VIAVI Announces Private Convertible Exchange and Subscription Transactions of $250 Million Principal Amount of 0.625% Senior Convertible Notes Due 2031
If VIAVI undergoes a fundamental change (as defined in the indenture governing the New Notes), holders may require VIAVI to repurchase for cash all or part of their New Notes at a purchase price equal to 100% of the principal amount of the New Notes to be repurchased, plus accrued and unpaid interest, if any, up to, but excluding, the fundamental change repurchase date. In addition, if certain make-whole fundamental changes occur or VIAVI calls all or a portion of the New Notes for redemption, VIAVI will, i ...