Cahill Represents Initial Purchasers in $250 Million Notes Offering by Orbcomm
Date: 04/10/17
Cahill represented J.P. Morgan as lead book-running manager and Raymond James, Canaccord Genuity, and Macquarie Capital as co-managers in connection with the Rule 144A offering of $250,000,000 aggregate principal amount of 8% Senior Secured Notes due 2024 by ORBCOMM, Inc., a global provider of “internet of things” solutions. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.