VIAVI Solutions Inc. Enters Material Agreement, Incurs Financial Obligation

TL;DR

VIAVI just signed a big deal and took on debt. Details TBD.

AI Summary

On October 16, 2025, VIAVI Solutions Inc. entered into a material definitive agreement. The company also created a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the agreement and financial obligations were not disclosed in this initial filing.

Why It Matters

This filing indicates a significant new business development or financial commitment for VIAVI Solutions Inc., which could impact its future operations and financial standing.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a financial obligation, suggesting potential changes in the company's financial structure or operational strategy that warrant closer monitoring.

Key Players & Entities

• VIAVI SOLUTIONS INC. (company) — Registrant
• October 16, 2025 (date) — Date of earliest event reported
• DELAWARE (jurisdiction) — State of Incorporation
• 000-22874 (file_number) — SEC File Number
• 94-2579683 (ein) — IRS Employer Identification No.
• 1445 South Spectrum Blvd , Suite 102 , Chandler , Arizona 85286 (address) — Address of principal executive offices
• ( 408 ) 404-3600 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value VIAV The NASDAQ Stock Mar
• $600 million — ity in an aggregate principal amount of $600 million (the "Term Loans"), which was borrowed
• $300 million — y from an aggregate principal amount of $300 million to $200 million, and extends the maturi
• $200 m — ate principal amount of $300 million to $200 million, and extends the maturity date of

Filing Documents

• ef20057008_8k.htm (8-K) — 37KB
• ef20057008_ex99-1.htm (EX-99.1) — 12KB
• image00002.jpg (GRAPHIC) — 2KB
• image00003.jpg (GRAPHIC) — 2KB
• 0001140361-25-038266.txt ( ) — 186KB
• viav-20251016.xsd (EX-101.SCH) — 4KB
• viav-20251016_lab.xml (EX-101.LAB) — 21KB
• viav-20251016_pre.xml (EX-101.PRE) — 16KB
• ef20057008_8k_htm.xml (XML) — 4KB

01

Item 1.01 Entry into a Material Definitive Agreement. On October 16, 2025 (the "Closing Date"), Viavi Solutions Inc. (the "Company") completed its previously announced acquisition of Spirent Communications plc's high-speed ethernet, network security and channel emulation testing business from Keysight Technologies, Inc. (the "Transaction"). In connection with the closing of the Transaction on the Closing Date, the Company entered into a term loan credit agreement (the "Term Loan Credit Agreement") with Wells Fargo Bank, National Association ("Wells Fargo"), as agent, and the lenders party thereto. The Term Loan Credit Agreement provides for a senior secured term loan facility in an aggregate principal amount of $600 million (the "Term Loans"), which was borrowed in full at closing and which matures on October 16, 2032. The proceeds from the Term Loans will be used to finance a portion of the Transaction and related transactions, to pay fees and expenses relating to the Transaction, the Term Loan Credit Agreement and the transactions contemplated by each of the foregoing, and for working capital and other general corporate purposes. The obligations under the Term Loan Credit Agreement are secured by substantially all of the assets of the Company and those of its domestic subsidiaries that are guarantors under the Term Loan Credit Agreement. Amounts outstanding under the Term Loan Credit Agreement accrue interest at a per annum rate equal to either, at the Company's election, (i) Term SOFR plus a margin of (a) 2.50% if the Company's first lien leverage ratio is greater than 0.90 to 1.00, or (b) 2.25% if the Company's first lien leverage ratio is less than or equal to 0.90 to 1.00, or (ii) a specified base rate plus a margin of (a) 1.50% if the Company's first lien leverage ratio is greater than 0.90 to 1.00 or (b) 1.25% if the Company's first lien leverage ratio is less than or equal to 0.90 to 1.00. The Term Loans will partially amortize in quarterly principal pa

03

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Section 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

01

Item 8.01. Other Events. On October 16, 2025, the Company issued a press release announcing the closing of the Transaction. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release, dated as of October 16, 2025. 104 Cover Page Interactive Data File – the cover page iXBRL tags are embedded within the Inline XBRL document.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 16, 2025 VIAVI SOLUTIONS INC. By: /s/ Oleg Khaykin Name: Oleg Khaykin Title: Chief Executive Officer (Principal Executive Officer)

View Full Filing

View this 8-K filing on SEC EDGAR