secwatch / observer
8-K filed June 11, 2026, 4:21 PM ET ticker CIEN CIK 0000936395
debt confidence high sentiment neutral materiality 0.75

CIENA CORP (CIEN): debt financing — Ciena closes $2.875B zero-coupon convertible notes offering; repays $1.14B term loan

CIENA CORP

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

CIENA CORP incurred convertible notes of $2.875 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 0.00% maturing September 15, 2031.

Instrument
convertible notes
Principal
$2.875 billion aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
0.00%
Maturity
September 15, 2031
Event
incurrence
Exact text from the filing
On June 11, 2026, Ciena Corporation (the “Company”) closed its previously announced private offering (the “Offering”) of $2.875 billion aggregate principal amount of the Company’s 0.00% Convertible Senior Notes due 2031 (the “Notes”)
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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

CIENA CORP issued 7,700,978 shares of common stock maximum of warrant to option counterparties for proceeds from warrant transactions.

Security
warrant
Shares
7,700,978 shares of common stock maximum
Purchaser
option counterparties
Consideration
proceeds from warrant transactions
Exact text from the filing
The Company sold the warrants comprising the warrant transactions described above to the option counterparties in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CIENA CORP entered into Indenture with U.S. Bank Trust Company, National Association valued at $2.875 billion aggregate principal amount (effective 2026-06-11).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$2.875 billion aggregate principal amount
Effective
2026-06-11
Exact text from the filing
On June 11, 2026, Ciena Corporation (the “Company”) closed its previously announced private offering (the “Offering”) of $2.875 billion aggregate principal amount of the Company’s 0.00% Convertible Senior Notes due 2031 (the “Notes”), which includes $375.0 million aggregate principal amount of Notes issued in connection with the initial purchasers’ full exercise of their option to acquire additional Notes, pursuant to an indenture, dated June 11, 2026 (the “Indenture”), among the Company, the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee.
View on SEC.gov

295 debt financings filed in the last 30 days. Browse all debt financings →

CIENA CORP filing history →

Source: SEC EDGAR
accession 0001193125-26-267607
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