---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-032510"
form_type: "8-K"
ticker: "VIAV"
cik: "0000912093"
company_name: "VIAVI SOLUTIONS INC."
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:28:28.318806+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Viavi issues $250M 0.625% convertible notes due 2031, exchanges ~$97.5M of 2026 notes

## Summary
- Issued $250M aggregate principal of 0.625% Senior Convertible Notes due March 1, 2031.
- Exchanged ~$100.9M of new notes for ~$97.5M of 1.625% 2026 notes; ~$149.1M sold for cash.
- Net cash proceeds of ~$149.1M to be used to repay portion of 2026 notes at maturity.
- Initial conversion rate 72.5295 shares per $1,000 (conversion price ~$13.79, ~25% premium).
- No redemption before Sept 6, 2028; thereafter conditional on stock price ≥130% of conversion price.

## SEC filing metadata
- accession: 0001140361-25-032510
- form_type: 8-K
- ticker: VIAV
- cik: 0000912093
- company_name: VIAVI SOLUTIONS INC.
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912093/000114036125032510/0001140361-25-032510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912093/000114036125032510/ny20053306x3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-032510
- JSON: https://secwatch.observer/filing/0001140361-25-032510.json
- Plain text: https://secwatch.observer/filing/0001140361-25-032510.txt

## Key facts
- Debt Financings
  VIAVI SOLUTIONS INC. incurred convertible notes of $250 million aggregate principal amount with institutional accredited investors and qualified institutional buyers at 0.625% per annum maturing March 1, 2031.
  - Instrument: convertible notes
  - Principal: $250 million aggregate principal amount
  - Counterparty: institutional accredited investors and qualified institutional buyers
  - Rate: 0.625% per annum
  - Maturity: March 1, 2031
  - Event: incurrence
  source text: On August 20, 2025, in connection with the consummation of previously announced private transactions, Viavi Solutions Inc. (the “Company”) issued $250 million aggregate principal amount of its 0.625% Senior Convertible Notes due 2031 (the “New Notes”) under an Indenture, dated August 20, 2025 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912093/000114036125032510/0001140361-25-032510-index.htm

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