 |
Buy (3.25 out of 4)
100th percentile
|
|
|
 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Saturday, April 20, 4:21 AM
Slide #596. Iridium Communications Inc. — Preferred Stock Offering
| Company: |
Iridium Communications Inc. (NASDAQ:IRDM) |
| Shares Offered: |
1,000,000 |
| Date of Pricing: |
9/28/2012 |
| Price Per Share: |
$100 |
| Preferred Stock Offering Details: |
Iridium Communications Inc. announced that it has priced a private offering of 1,000,000 shares of 7% Series A Cumulative Perpetual Convertible Preferred Stock, with a liquidation preference of $100 per share (the "Preferred Stock"). |
Iridium Communications provides voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations and consumers via its satellite network. Co.'s commercial services include: Postpaid Mobile Voice and Data Satellite Communications Services, Iridium Push-To-Talk Service, and Internet of ThingsShort Burst Data services. Co. provides U.S. government customers bulk access to its services, including voice, netted voice, data, messaging and paging services, as well as maintenance services for the U.S. government's gateway. Co.'s products include: Satellite Handsets and Iridium GO!, and Broadband Data Devices.
 Open the IRDM Page at Preferred Stock Channel »
| Name: |
Iridium Communications Inc |
| Website: |
www.iridium.com |
| Sector: |
Communications Services |
| Number of ETFs Holding IRDM: |
62 (see which ones) |
| Total Market Value Held by ETFs: |
$608,406,918.24 |
| Total Market Capitalization: |
$3,034,000,000 |
| % of Market Cap. Held by ETFs: |
20.05% |
|
Open the IRDM Page at Preferred Stock Channel (in a new window) »
|
|
Free IRDM Email Alerts:
