debt
confidence high
sentiment neutral
materiality 0.50
Harmonic redeems all outstanding 2% convertible notes due 2024
HARMONIC INC.
- Redemption date set for April 18, 2024 at 100% of principal plus accrued interest.
- Holders may convert notes until April 16, 2024 at 117.1485 shares per $1,000 principal.
- Company will settle conversions via Combination Settlement with $1,000 per $1,000 principal.
- Total outstanding principal amount of notes being redeemed is not disclosed.