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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 4/29/2009 in the Prospect News Convertibles Daily.

JDS Uniphase buys back $20 million in convertibles, reduces overall debt by $50 million

By Devika Patel

Knoxville, Tenn., April 29 - JDS Uniphase Corp. bought back $20 million in convertible debt during the third quarter, according to a company earnings report.

The repurchase helped to reduce the company's outstanding debt by $50 million during the quarter.

JDS Uniphase is based in San Jose, Calif., and makes optical networking equipment.


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