Viavi prices 11,111,111-share follow-on offering at USD 45 per share
Viavi Solutions
Viavi Solutions VIAV | 0.00 |
- Viavi Solutions priced an underwritten public offering of 11,111,111 common shares at USD 45 per share, targeting gross proceeds of about USD 500 million.
- Closing is expected on May 21, 2026, subject to customary conditions.
- Net proceeds are earmarked to repay USD 450 million of Term Loan B debt, with any remainder for working capital or general corporate purposes.
- Underwriters hold a 30-day option to buy up to 1,666,666 additional shares at the offering price, less underwriting fees.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viavi Solutions Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605192335PR_NEWS_USPR_____SF63933) on May 20, 2026, and is solely responsible for the information contained therein.
