Infinera Corporation (INFN)
After hours:
| Previous close | 5.01 |
| Open | 5.08 |
| Bid | 5.16 x 3100 |
| Ask | 5.20 x 1200 |
| Day's range | 5.00 - 5.19 |
| 52-week range | 4.67 - 9.86 |
| Volume | |
| Avg. volume | 2,769,929 |
| Market cap | 1.122B |
| Beta (5Y monthly) | 1.10 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.78 |
| Earnings date | 01 Nov 2022 - 07 Nov 2022 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 8.64 |
- GlobeNewswire
Infinera Completes $373.75 Million Convertible Senior Notes Offering and Repurchases Approximately $300 Million of 2024 Convertible Notes
SAN JOSE, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today the closing of its previously announced offering of 3.75% convertible senior notes due 2028 (the “2028 Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). After the exercise in full of the option to purchase additional 2028 Notes, the aggregate principal amount of 2028 Notes issued in the offering was $
- GlobeNewswire
Infinera Announces Upsize and Pricing of $325 Million Convertible Senior Notes Offering and Repurchase of Approximately $300 Million Aggregate Principal Amount of Convertible Senior Notes due 2024
San Jose, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today the pricing of $325 million aggregate principal amount of convertible senior notes due 2028 (the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from an originally announced $275 million in aggregate principal amount. Infinera expects the offering of the Notes to close on A
- Motley Fool
Why Infinera Stock Is Plummeting Today
After the market closed Tuesday, Infinera (NASDAQ: INFN) announced that it plans to raise funds by selling new convertible debt notes. As of noon ET, its share price was down roughly by 20%. Infinera intends to offer $275 million in convertible senior notes that will come due in 2028.
