Viavi Solutions Announces $500M Public Offering of Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Source: seekingalpha
- Offering Size: Viavi Solutions has announced a public offering of 11.11 million shares of common stock at $45.00 per share, aiming for gross proceeds of approximately $500 million, reflecting the company's strong capital market financing capability.
- Clear Use of Proceeds: The net proceeds from this offering will be used to repay a $450 million Term Loan B, with any excess funds allocated for working capital or other general corporate needs, indicating a robust financial management strategy.
- Strong Underwriter Lineup: Stifel and Needham & Company are serving as joint book-running managers, while UBS Investment Bank acts as a bookrunner, with B.Riley Securities and others as co-managers, showcasing market confidence in this offering.
- Additional Share Option: Viavi has granted underwriters a 30-day option to purchase up to an additional 1.67 million shares at the public price, enhancing the offering's flexibility and market appeal.
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Analyst Views on VIAV
Wall Street analysts forecast VIAV stock price to fall
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 48.490
Low
17.00
Averages
19.56
High
23.00
Current: 48.490
Low
17.00
Averages
19.56
High
23.00
About VIAV
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. The Company's segments include Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. Its solutions address lab and production environments, network management, service assurance and artificial intelligence for IT operations (AIOps) for any kind of network, including wireless, wireline, cloud, satellite, public safety, military and critical infrastructure. The OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture and sell technologies for the anti-counterfeiting, three-dimensional (3D) sensing, government and aerospace, automotive and industrial markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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