{"schema_version":"secwatch.filing_event.v1","accession":"0001138639-23-000135","form_type":"8-K","ticker":null,"cik":"0001138639","company_name":"Infinera Corp","filed_at":"2023-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.041410+00:00","generated_at":"2026-06-13T22:20:13.420674+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Infinera repurchases $83.9M of 2024 notes, issues $100M additional 2028 notes","bullets":["Repurchased $83.9M principal of 2.125% Convertible Senior Notes due 2024; $18.7M remain outstanding.","Issued $100M additional principal of 3.75% Convertible Senior Notes due 2028; net proceeds ~$12.5M after costs.","Additional notes are fungible with existing $373.75M 2028 notes; same 3.75% coupon, maturity August 2028.","Net proceeds to be used for general corporate purposes, including working capital and strategic projects."],"urls":{"canonical":"https://secwatch.observer/filing/0001138639-23-000135","json":"https://secwatch.observer/filing/0001138639-23-000135.json","markdown":"https://secwatch.observer/filing/0001138639-23-000135.md","text":"https://secwatch.observer/filing/0001138639-23-000135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138639/000113863923000135/0001138639-23-000135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138639/000113863923000135/infn-20230616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T22:20:13.420674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22d240a64d8876276c06ab27006ebcac252dfded","claim":"Infinera Corp incurred convertible notes of $100.0 million in additional aggregate principal amount with qualified investors at 3.75% per year maturing August 1, 2028.","evidence_excerpt":"On June 16, 2023, Infinera Corporation (the “Company”) consummated its previously announced, privately negotiated transactions with certain qualified investors to (i) repurchase $83.9 million in aggregate principal amount of its 2.125% Convertible Senior Notes due 2024 (the “repurchased 2024 notes”) and (ii) issue $100.0 million in additional aggregate principal amount of its currently outstanding 3.75% Convertible Senior Notes due 2028 (the “additional notes”) in a private placement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138639/000113863923000135/0001138639-23-000135-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$100.0 million in additional aggregate principal amount"},{"label":"Counterparty","value":"qualified investors"},{"label":"Rate","value":"3.75% per year"},{"label":"Maturity","value":"August 1, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2bca9beda3e1a5197e321040d619589ce0f99864","claim":"Infinera Corp incurred convertible notes of $83.9 million in aggregate principal amount with qualified investors at 2.125% maturing 2024.","evidence_excerpt":"On June 16, 2023, Infinera Corporation (the “Company”) consummated its previously announced, privately negotiated transactions with certain qualified investors to (i) repurchase $83.9 million in aggregate principal amount of its 2.125% Convertible Senior Notes due 2024","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138639/000113863923000135/0001138639-23-000135-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$83.9 million in aggregate principal amount"},{"label":"Counterparty","value":"qualified investors"},{"label":"Rate","value":"2.125%"},{"label":"Maturity","value":"2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"111765e2a486ea2e748d746814f34444e686788e","claim":"Infinera Corp entered into Indenture with U.S. Bank Trust Company, National Association valued at $100.0 million (effective 2023-06-16).","evidence_excerpt":"The additional notes were issued under an indenture dated as of August 8, 2022 (the “Indenture”), by and between the Company and U.S.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138639/000113863923000135/0001138639-23-000135-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$100.0 million"},{"label":"Effective","value":"2023-06-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}