Home : December 11 2013 Computer News : Finisar Corporation Announces Pricing of $225 Million Offering of Convertible Senior Notes Due 2033 |
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Finisar Corporation Announces Pricing of $225 Million Offering of Convertible Senior Notes Due 2033 |
December 11, 2013
SUNNYVALE, CA--(Marketwired - Dec 10, 2013) - Finisar Corporation (NASDAQ: FNSR) today announced the pricing of its offering of $225 million aggregate principal amount of its 0.50% Convertible Senior Notes due 2033 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"), and the increase in the size of the offering from $200 million to $225 million. Finisar has granted the initial purchaser of the Notes a 30-day option to purchase up to an additional $33.75 million aggregate principal amount of the Notes on the same terms and conditions solely to cover over-allotments. The offering is expected to close on December 16, 2013, subject to satisfaction of customary closing conditions.
Link: http://www.marketwired.com/mw/release.do?id=1861161&sourceType=3
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