Lumentum (LITE) Holdings announced its intention to offer, subject to market conditions and other factors, $1.1B aggregate principal amount of convertible senior notes due in 2032 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LITE:
- Lumentum Holdings’ Earnings Call Highlights Robust Growth
- Li Auto, Lululemon, Marvell, Lumentum: Trending by Analysts
- Dell reports ‘beat and raise,’ Caterpillar sees big tariff impacts: Morning Buzz
- Marvell downgraded, Dollar Tree upgraded: Wall Street’s top analyst calls
- Lumentum Holdings: Positioned for Growth in AI Optics with EML Technology and Diversified Portfolio