---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-009588"
form_type: "8-K"
ticker: "CIEN"
cik: "0000936395"
company_name: "CIENA CORP"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:52:24.095388+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Ciena refinances $1.16B term loan with new 2025 Term Loan due 2030

## Summary
- Refinanced $1.16B Existing Term Loan with new $1.16B 2025 Term Loan due Oct 24, 2030.
- New loan bears interest at SOFR+1.75% or base rate+0.75%, same as prior loan.
- Proceeds used to fully repay existing loan, accrued interest, and transaction fees.
- Quarterly amortization of 0.25% of principal; balance due at maturity.
- Terms are substantially identical to the refinanced loan; no change in total debt.

## SEC filing metadata
- accession: 0001193125-25-009588
- form_type: 8-K
- ticker: CIEN
- cik: 0000936395
- company_name: CIENA CORP
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936395/000119312525009588/0001193125-25-009588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936395/000119312525009588/d890469d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-009588
- JSON: https://secwatch.observer/filing/0001193125-25-009588.json
- Plain text: https://secwatch.observer/filing/0001193125-25-009588.txt

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