Lumentum prepays $150 million under senior secured term loan

By Sarah Lizee

Olympia, Wash., Dec. 4 – Lumentum Holdings Inc. made a voluntary prepayment of $150 million under its senior secured term loan facility on Nov. 29, according to an 8-K filing with the Securities and Exchange Commission.

There was no penalty on the prepayment.

As of Wednesday, $196 million remains outstanding.

Lumentum is a Milpitas, Calif.-based provider of photonics products for optical networking and lasers for industrial and consumer markets.

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