| Home : May 24 2013 Computer News : Infinera Corporation Announces Pricing of Convertible Senior Notes Offering |
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Infinera Corporation Announces Pricing of Convertible Senior Notes Offering |
May 24, 2013
SUNNYVALE, CA--(Marketwired - May 24, 2013) - Infinera Corporation (NASDAQ: INFN) today announced the pricing of an offering of $135 million aggregate principal amount of its 1.75% convertible senior notes due 2018 (the "Notes"). The Notes are being offered in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). Infinera has granted the initial purchasers a 30-day option to purchase up to an additional $15 million aggregate principal amount of the Notes on the same terms and conditions to cover overallotments, if any. Interest on the Notes will be paid semi-annually at a rate of 1.75% per year, and the Notes will mature on June 1, 2018, unless earlier repurchased or converted.
Link: http://www.marketwire.com/mw/release.do?id=1794553&sourceType=3
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