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General

Juniper prices USD 800 million senior notes offering

Friday 4 December 2020 | 09:26 CET | News
Juniper Networks said it has priced an underwritten public offering of USD 400 million worth of 1.200 percent senior notes due 2025 and another one of USD 400 million worth of 2.000 percent senior notes due 2030. The offering is expected to close on 10 December.

Juniper said it will put the net proceeds, estimated at USD 792.4 million, together with cash on hand, to purchase all outstanding 4.500 percent senior notes due 2024 and 4.350 percent senior notes due 2025. Barclays, JP Morgan, Wells Fargo, BofA and Citigroup will act as joint book-running managers for the offering, with Credit Suisse, HSBC and Mizuho Securities acting as co-managers.



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Categories: General
Companies: Juniper Networks
Countries: World
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