secwatch.observer — SEC 8-K summary
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Issuer:     CIENA CORP (CIEN)
CIK:        0000936395
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001193125-22-011373
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ciena issues $400M of 4.00% senior notes due Jan 31, 2030
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- $400M aggregate principal of 4.00% senior notes due Jan 31, 2030, interest paid semi-annually.
- Net proceeds of ~$395.5M after discounts and commissions; use for general corporate purposes.
- Unsecured senior obligations, ranked equally with existing senior debt; guaranteed by certain domestic subsidiaries.
- Callable at make-whole premium before Jan 31, 2025; thereafter at specified redemption prices; change-of-control put at 101%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936395/000119312522011373/0001193125-22-011373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936395/000119312522011373/d255608d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-011373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer