Novatel Wireless Completes Private Offering of $120.0 Million of 5.50% Convertible Senior Notes Due 2020

SAN DIEGO, June 10, 2015 (GLOBE NEWSWIRE) — Novatel Wireless (MIFI) (the “Company”), a leading provider of solutions for the Internet of Things (IoT) and inventors of MiFi(R) technology, today announced that it has completed a private offering of $120.0 million aggregate principal amount of the Company’s 5.50% Convertible Senior Notes due 2020 (the “Convertible Notes”).

Read the source article at Yahoo Finance

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