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Transactions

Nov. 21, 2000

Fenwick & West: ONI NETS $690 MILLION WITH PAIR OF SIMULTANEOUS IPOS

San Jose's ONI Systems Corp. has completed two simultaneous public offerings: 8 million shares of common stock and $300 million in 5-percent convertible notes due in 2005. The side-by-side offerings should bring $690 million into the company.

        San Jose's ONI Systems Corp. has completed two simultaneous public offerings: 8 million shares of common stock and $300 million in 5-percent convertible notes due in 2005. The side-by-side offerings should bring $690 million into the company.
        ONI Systems, formerly known as Optical Networks Inc., makes fiber-optic communications equipment that enables metropolitan and regional ne...

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