| Issuer / Guarantor | Ciena Corp |
|---|---|
| Size | USD 2500mn |
| Type | Convertible |
| Leads | BoA, JP Morgan, Citigroup, Goldman Sachs, Wells Fargo, MUFG |
| Maturity | 15 Sep 2031 (5.3 years) |
| Coupon | 0% (0 - 0.5%) |
| Premium | 60% (52.5 - 57.5%) |
| Calls | NC3.25; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Jun 2031 (5 yrs) |
| Announced | 08 Jun 2026 |