Orbcomm’s $250 Million Notes Offering

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.

Cahill has advised with a team including Douglas S. Horowitz (Picture), Marc R. Lashbrook, Kristyn Dunleavy, Tyler A. O’Reilly and Reshma K. Patel.

Involved fees earner: Douglas Horowitz – Cahill Gordon & Reindel; Marc Lashbrook – Cahill Gordon & Reindel; Kristyn Dunleavy – Cahill Gordon & Reindel; Tyler O’Reilly – Cahill Gordon & Reindel; Reshma Patel – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: JP Morgan; Canaccord Genuity; Raymond James Financial, Inc.; Macquarie Capital;

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Author: Ambrogio Visconti