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Stock impact report

CalAmp Announces Pricing of $200 Million Private Offering of 2.00% Convertible Senior Notes due 2025

CalAmp Corp. (CAMP) 
Last calamp corp. earnings: 12/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.calamp.com/home/default.aspx
Company Research Source: PR Newswire
IRVINE, Calif., July 17, 2018 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a technology solutions pioneer transforming the global connected economy, today announced the pricing of its private offering of $200 million aggregate principal amount of 2.00% Convertible Senior Notes due 2025 (the "notes") to be offered and sold to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). CalAmp has granted the initial purchasers of the notes an option to purchase up to an additional $30 million aggregate principal amount of notes. The offering is expected to close on July 20, 2018, subject to customary closing conditions.The notes will be CalAmp's senior, unsecured obligations and will be equal in right of payment with CalAmp's existing and future senior, unsecured indebtedness, senior in right of payment to CalAmp's existing and future indebtedness that is expressly subordinated to the notes and effectively subordinated in right o Show less Read more
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