MCLEAN, Va., Sept. 28, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today 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 Prices $100 Million Private Offering Of 7% Series A Cumulative Perpetual Convertible Preferred Stock
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