Luminar Technologies Launches $89 Million Tender Offer for 2028 Notes

Reuters
2026.02.06 14:00
portai
I'm PortAI, I can summarize articles.

Luminar Technologies Inc. has initiated a tender offer to buy back up to $89 million of its Floating Rate Senior Secured Notes due 2028 at a price of 103% of the principal amount plus interest. The funding will come from the recent sale of its subsidiary, Luminar Semiconductor, Inc. The offer expires on March 9, 2026, unless extended or terminated earlier.