Finisar announces full redemption of 0.50% convertible senior notes due 2033

|About: Finisar Corporation (FNSR)|By:, SA News Editor

Finisar (NASDAQ:FNSR) to redeem all of the outstanding 0.50% Convertible Senior Notes due 2033 on May 1, for cash at a redemption price equal to 100% of the principal amount of the Securities, together with accrued and unpaid interest, if any, to, but excluding, the redemption date.

The Securities are convertible at any time prior to 5:00 p.m., New York City Time, on April 30 at a rate of 33.1303 shares of company’s common stock for each $1,000 principal amount of Securities.

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