---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-198329"
form_type: "8-K"
ticker: "LITE"
cik: "0001633978"
company_name: "Lumentum Holdings Inc."
filed_at: "2025-09-08T23:59:59+00:00"
generated_at: "2026-05-17T07:37:00.933446+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lumentum issues $1.265B 0.375% convertible notes due 2032, repurchases $581M of 2026 notes

## Summary
- Issued $1.265B aggregate principal of 0.375% Convertible Senior Notes due 2032; net proceeds ~$1.25B.
- Used $843.8M to repurchase $581.1M aggregate principal of existing 0.50% 2026 notes (incl. accrued interest).
- Used $88.7M for capped call transactions; cap price initially $268.24/share to reduce dilution.
- Initial conversion rate 5.3257 shares/$1,000, conversion price ~$187.77 (40% premium over $134.12 stock price).
- Remaining net proceeds for general corporate purposes, including potential acquisitions.

## SEC filing metadata
- accession: 0001193125-25-198329
- form_type: 8-K
- ticker: LITE
- cik: 0001633978
- company_name: Lumentum Holdings Inc.
- filed_at: 2025-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633978/000119312525198329/0001193125-25-198329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633978/000119312525198329/d863090d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-198329
- JSON: https://secwatch.observer/filing/0001193125-25-198329.json
- Plain text: https://secwatch.observer/filing/0001193125-25-198329.txt

## Key facts
- Debt Financings
  Lumentum Holdings Inc. incurred convertible notes of $1.265 billion with U.S. Bank Trust Company, National Association at 0.375% maturing March 15, 2032.
  - Instrument: convertible notes
  - Principal: $1.265 billion
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 0.375%
  - Maturity: March 15, 2032
  - Event: incurrence
  source text: On September 8, 2025, Lumentum Holdings Inc. (the “Company”) issued $1.265 billion in aggregate principal amount of its 0.375% Convertible Senior Notes due 2032 (the “Notes”) pursuant to an indenture (the “Indenture”), dated September 8, 2025, by and between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633978/000119312525198329/0001193125-25-198329-index.htm

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