---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-031023"
form_type: "8-K"
ticker: "VIAV"
cik: "0000912093"
company_name: "VIAVI SOLUTIONS INC."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:47:57.509381+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VIAVI issues $250M 0.625% convertible notes due 2031; exchanges $97.5M of 1.625% notes due 2026

## Summary
- Issued $250M aggregate principal of 0.625% Senior Convertible Notes due 2031; $100.9M exchanged for ~$97.5M of 1.625% notes due 2026, $149.1M for cash.
- Net cash proceeds ~$149.1M to repay portion of 2026 Notes at maturity; ~$152.5M of 2026 Notes remain outstanding after exchange.
- Initial conversion price ~$13.79 per share (25% premium over $11.03 closing price on Aug 13, 2025).
- Company to repurchase ~$30M of common stock at $11.03/share; placement agent to buy ~$25M at 5% discount.
- Transactions expected to close on or about Aug 20, 2025, subject to customary conditions.

## SEC filing metadata
- accession: 0001140361-25-031023
- form_type: 8-K
- ticker: VIAV
- cik: 0000912093
- company_name: VIAVI SOLUTIONS INC.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912093/000114036125031023/0001140361-25-031023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912093/000114036125031023/ny20053306x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-031023
- JSON: https://secwatch.observer/filing/0001140361-25-031023.json
- Plain text: https://secwatch.observer/filing/0001140361-25-031023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.