CalAmp to sell $200 million worth of convertible senior notes

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CalAmp to sell $200 million worth of convertible senior notes

By Staff Report / Thursday, July 19th, 2018 / Comments Off on CalAmp to sell $200 million worth of convertible senior notes

CalAmp, a telematics company with operations in Oxnard, announced that it would offer $200 million in private convertible senior notes due in August of 2025. Another $30 million in notes are available to initial purchasers, and the offering is expected to close July 20, the company said in a July 17 news release. Initial conversion…

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