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Published on 5/15/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

JDSU receives puts for $160.58 million of 1% convertible notes due 2026

New York, May 15 - JDSU said that holders put back $106,576,000 of its 1% senior convertible notes due 2026.

The put option expired at 5 p.m. ET on May 15.

Funds to buy back the convertibles came from the company's available cash.

JDSU is a Milpitas, Calif., supplier of network equipment.


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