---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-040339"
form_type: "8-K"
ticker: "CIEN"
cik: "0000936395"
company_name: "CIENA CORP"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T12:49:37.414866+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Ciena amends $300M ABL credit facility: extends maturity to Sept 2025, switches to SOFR

## Summary
- Maturity extended from Oct 2024 to Sept 2025 (Scheduled Maturity Date).
- Benchmark rate changed from LIBOR to Term SOFR.
- Springing maturity date 30 days prior to 2025 Term Loan maturity unless extended/refinanced.
- All other terms of the Credit Agreement remain in full force.
- No change to the $300M commitment amount.

## SEC filing metadata
- accession: 0001193125-23-040339
- form_type: 8-K
- ticker: CIEN
- cik: 0000936395
- company_name: CIENA CORP
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936395/000119312523040339/0001193125-23-040339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936395/000119312523040339/d469646d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-040339
- JSON: https://secwatch.observer/filing/0001193125-23-040339.json
- Plain text: https://secwatch.observer/filing/0001193125-23-040339.txt

## Key facts
- Material Agreements
  CIENA CORP amended First Amendment to ABL Credit Agreement with lenders party thereto and Bank of America, N.A., as administrative agent (effective 2023-02-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: lenders party thereto and Bank of America, N.A., as administrative agent
  - Effective: 2023-02-10
  source text: On February 10, 2023, Ciena, CCI, CGSI and Ciena Canada, as borrowers, and Ciena Communications International, LLC and Blue Planet Software, Inc., as guarantors, entered into a First Amendment to ABL Credit Agreement with the lenders party thereto and the Administrative Agent (the “First Amendment”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/936395/000119312523040339/0001193125-23-040339-index.htm

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