Ruben Roy

Ryan Koontz

Andrew Spinola

Meta Marshall

Timothy Savageaux

Mehdi Hosseini

Michael Genovese

Mary Lenox

- Viavi Solutions Inc. issued **$250 million** aggregate principal amount of its **0.625% Senior Convertible Notes due 2031** on **August 20, 2025**.  **[912093_0001140361-25-032510_ny20053306x3_ex4-1.htm:0]** **[912093_0001140361-25-032510_ny20053306x3_8k.htm:1]** **[912093_0001140361-25-032510_ny20053306x3_ex4-1.htm:13]** 
- This issuance included **$100.9 million** in exchange for **$97.5 million** aggregate principal amount of its **1.625% Senior Convertible Notes due 2026** and **$149.1 million** for cash.  **[912093_0001140361-25-032510_ny20053306x3_8k.htm:1]** 
- The company expects to use the net proceeds from the cash portion of the transaction to repay a portion of the 2026 Notes upon maturity.  **[912093_0001140361-25-032510_ny20053306x3_8k.htm:1]** 
- The New Notes mature on **March 1, 2031**, and will pay interest semi-annually at an annual rate of **0.625%**, beginning March 1, 2026.  **[912093_0001140361-25-032510_ny20053306x3_8k.htm:2]** 
- The initial conversion rate for the New Notes is **72.5295 shares** of common stock per $1,000 principal amount, which equates to an initial conversion price of approximately **$13.79 per share**.  **[912093_0001140361-25-032510_ny20053306x3_8k.htm:2]**

VIAVI SOLUTIONS (VIAV)