Harmonic prices $105M of convertible senior notes due 2024 [Seeking Alpha]
Harmonic Inc. (HLIT)
Last harmonic inc. earnings: 4/27 04:15 pm
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investor.harmonicinc.com/investor-overview
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Source: Seeking Alpha
Harmonic prices $105M of convertible senior notes due 2024 - Harmonic Inc. (NASDAQ:HLIT) | Seeking Alpha Tech Harmonic prices $105M of convertible senior notes due 2024 Sep. 11, 2019 5:49 AM ET | Harmonic Inc. (HLIT) Niloofer Shaikh Harmonic (NASDAQ: priced The sale of the notes is expected to close on September 13. The notes will accrue interest payable semiannually in arrears on March 1 and September 1 of each year, beginning on March 1, 2020. Net proceeds from the offering estimated to be ~$101M (or $111.2M if the initial purchasers exercise their option in full). The company intends to use the net proceeds from the offering, together with cash on hand, to repurchase ~$82.5M of their outstanding 4.00% convertible senior notes due 2020 and the proceeds from the sale of additional notes will be used for the repurchase or other retirement of additional outstanding 2020 Notes and/or other general corporate purposes. -1.35% Previously: Harmonic -4.2% on $105M convertible debt offering
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HLIT
News
- Harmonic Inc. (NASDAQ: HLIT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $18.00 price target on the stock.MarketBeat
- Harmonic Announces Reporting Date for First Quarter 2024 ResultsPR Newswire
- Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShift [Yahoo! Finance]Yahoo! Finance
- Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShiftPR Newswire
- Filmocentro Enhances Playout Efficiency with Harmonic's Cloud Solutions [Yahoo! Finance]Yahoo! Finance
HLIT
Earnings
- 1/29/24 - Beat
HLIT
Sec Filings
- 4/18/24 - Form 8-K
- 4/8/24 - Form 8-K
- 3/6/24 - Form 4
- HLIT's page on the SEC website