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General

Juniper Networks raises USD 600 mln in debt issue

Friday 27 February 2015 | 09:27 CET | News
Juniper Networks raised USD 600 million in a debt issue. This included USD 300 million of its 3.300 percent senior notes due 2020 and USD 300 million of its 4.350 percent senior notes due 2025. Juniper intends to use the net proceeds from this offering for general corporate purposes, which is expected to include share repurchases and payment of dividends under its program to return capital to shareholders and funding for working capital, capital expenditures, other corporate expenses and acquisitions of products, technologies or businesses. The company said it does not currently have any

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Categories: General
Companies: Juniper Networks
Countries: World
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