The Daily Record News Briefs: October 12, 2010

Summary


Ciena plans notes offering

Ciena Corp. of Linthicum, a maker of networking equipment for telecommunications carriers, said it is planning an offering of senior notes worth up to $210 million. The initial offering will be for $175 million, and the notes will come due in 2018. An additional $35 million will be available to purchasers in a 30-day over- allotment option. Ciena said it intends to use net proceeds from the sale of the notes to pay a portion of its outstanding senior notes due in May 2013, and for general corporate purposes.

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The Daily Record News Briefs: October 12, 2010

Task for New Generation

New Generation Biofuels Holdings Inc. of Columbia, a renewable fuels manufacturer, said it has been notified by Nasdaq that its stock will remain listed on the Nasdaq C...

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