Lumentum Holdings Inc. (LITE): debt financing — Lumentum enters $400M senior secured revolving credit facility maturing 2030

Lumentum Holdings Inc.

Facility includes $23M letter of credit sublimit; no amounts outstanding as of December 19, 2025.
Interest rates: Base rate +0.50%-1.50% or Term SOFR +1.50%-2.50%, based on secured net leverage ratio.
Financial covenants: secured net leverage ≤ 3.25x (step-up to 3.75x for acquisitions) and interest coverage ≥ 3.00x.
Obligations secured by substantially all assets of Lumentum and material domestic subsidiaries.
Proceeds may be used for working capital and general corporate purposes; commitments expire December 19, 2030.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Lumentum Holdings Inc. incurred revolving credit of $400.0 million with Wells Fargo Bank, National Association (as administrative agent) at base rate plus an applicable margin ranging from 0.50% to 1.50%, or a term SOFR maturing December 19, 2030.

Instrument: revolving credit
Principal: $400.0 million
Counterparty: Wells Fargo Bank, National Association (as administrative agent)
Rate: base rate plus an applicable margin ranging from 0.50% to 1.50%, or a term SOFR
Maturity: December 19, 2030
Event: incurrence

Exact text from the filing

The Credit Agreement provides for a senior secured revolving credit facility in an aggregate principal amount of $400.0 million, including a $23.0 million sublimit for the issuance of letters of credit.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Lumentum Holdings Inc. entered into Credit Agreement with Wells Fargo Bank, National Association valued at $400.0 million (effective 2025-12-19).

Action: entry
Agreement: credit facility
Counterparty: Wells Fargo Bank, National Association
Value: $400.0 million
Effective: 2025-12-19

Exact text from the filing

On December 19, 2025 (the “Effective Date”), Lumentum Holdings Inc., a Delaware corporation (the “Company”), entered into a credit agreement (the “Credit Agreement”), by and among the Company, as borrower, the lenders from time to time party thereto (the “Lenders”) and Wells Fargo Bank, National Association, as administrative agent (in such capacity, the “Administrative Agent”) and collateral agent. The Credit Agreement provides for a senior secured revolving credit facility in an aggregate principal amount of $400.0 million

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Lumentum Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-328691

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