debt
confidence high
sentiment neutral
materiality 0.55
Harmonic redeems all outstanding 2.00% Convertible Senior Notes due 2024; redemption date April 18, 2024
HARMONIC INC.
- Harmonic issued notice to redeem all outstanding 2.00% Convertible Senior Notes due 2024.
- Redemption at 100% principal plus accrued interest; redemption date April 18, 2024.
- Holders can convert until April 16, 2024, at 118.0550 shares per $1,000 principal.
- Company elected combination settlement with $1,000 per $1,000 principal amount converted.