Finisar Corporation (NASDAQ:FNSR) Files An 8-K Other EventsItem 8.01 Other Events.
On December 15, 2016, Finisar Corporation (the “Company”) issued a press release (the “Launch Press Release”) announcing a proposed offering (the “Offering”), subject to market conditions and other factors, of $450.0 million aggregate principal amount of convertible senior notes due 2036 (the “Notes”) of the Company in a private placement.
On December 16, 2016, the Company issued a press release (the “Pricing Press Release”) announcing the pricing of the Offering and an upsize to $500.0 million aggregate principal amount of the Notes.
Copies of the Launch Press Release and Pricing Press Release are attached as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Launch Press Release, dated December 15, 2016.
99.2 Pricing Press Release, dated December 16, 2016.
About Finisar Corporation (NASDAQ:FNSR)
Finisar Corporation (Finisar) is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company’s optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks. These products rely on the use of semiconductor lasers and photodetectors in conjunction with integrated circuits and optoelectronic packaging to provide a means for transmitting and receiving digital signals over fiber optic cable at speeds ranging from less than one gigabit per second (Gbps), to more than 100 Gbps, over distances of less than 10 meters to more than 2,000 kilometers, using a range of network protocols and physical configurations. Finisar Corporation (NASDAQ:FNSR) Recent Trading Information
Finisar Corporation (NASDAQ:FNSR) closed its last trading session up +0.21 at 31.38 with 3,340,859 shares trading hands.