8-KOther Events

CIENA CORP 8-K Report (Jan 14, 2003)

Filed January 14, 2003For Securities:CIEN

Summary

CIENA Corporation (CIEN) filed an 8-K report on January 14, 2003, to announce the expiration of its tender offer for the outstanding 5% Convertible Subordinated Notes due October 15, 2005. These notes were originally issued by ONI Systems Corp. and were assumed by CIENA following its acquisition of ONI Systems in June 2002. The tender offer expired on January 13, 2003. This filing primarily serves to inform stakeholders about the conclusion of this offer, which was related to the integration of the ONI Systems acquisition. Investors should note that this event signals the end of the tender offer period for these specific notes, and further details regarding the outcome or any subsequent actions would likely be found in the referenced press release.

Key Highlights

  • 1CIENA Corporation announced the expiration of its tender offer for ONI Systems Corp. 5% Convertible Subordinated Notes due October 15, 2005.
  • 2The tender offer expired on January 13, 2003.
  • 3The notes were originally issued by ONI Systems Corp. and assumed by CIENA after its acquisition in June 2002.
  • 4The filing is an 8-K Current Report dated January 14, 2003.
  • 5The press release attached as Exhibit 99.1 provides further details about the expiration of the tender offer.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report the expiration of CIENA Corporation's tender offer for the 5% Convertible Subordinated Notes of ONI Systems Corp.

CIENA Corporation acquired ONI Systems Corp. in June 2002, and as part of that acquisition, CIENA assumed ONI Systems' outstanding 5% Convertible Subordinated Notes due October 15, 2005. The tender offer was related to these assumed notes.

The tender offer expired on January 13, 2003.

Additional details regarding the expiration of the tender offer can be found in the press release dated January 14, 2003, which is attached as Exhibit 99.1 to this 8-K filing.