Orrick Advises Juniper Networks on $500 Million Senior Notes Offering


Orrick has advised Juniper Networks in its registered offering of $500 million of 3.750% Senior Notes due 2029 and concurrent five-day cash tender offer for the company’s 3.30% Senior Notes due 2020 and 4.60% Senior Notes due 2021. Proceeds of the senior notes were used to pay the purchase price of the 2020 and 2021 notes, tendered in the tender offer, and will be used to pay a portion of the redemption price of the 2020 and 2021 notes not tendered in the tender offer. The senior notes offering closed on August 26, 2019.

The Orrick team included Brett Cooper, Steve Malvey, Lynne Hirata, JT Ho, Kelly Mink and Valerie Guillard.