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BRIEF-Viavi Solutions on March 22 sold additional $60 mln aggregate principal amount of 1 pct senior convertible notes due 2024

March 22 Viavi Solutions Inc:

* Viavi Solutions Inc- on march 22 sold additional $60 million aggregate principal amount of 1.00% senior convertible notes due 2024 - sec filing

* Viavi Solutions-will pay interest on notes at annual rate of 1.00% in cash semiannually in arrears on march 1,sept 1 each year, beginning sept 1, 2017

* Viavi Solutions - intends to use net proceeds from offering for refinancing, together with cash on hand, outstanding 0.625% senior convertible notes due 2033

* Viavi Solutions - used $50 million of net proceeds from offering of initial notes to repurchase shares of stock pursuant to existing stock repurchase program Source text (bit.ly/2mVxEaB) Further company coverage:

我们的标准: 汤森路透“信任原则

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