Comtech Telecommunications to raise $200 million via Private Placement (PPM)

Comtech Telecommunications Corp., a US-based designer, developer, producer, and marketer of products, systems, and services for communication solutions, has agreed to raise $200 million through a private placement (via private placement memorandum – PPM) of convertible senior notes due 2029.

The notes will bear an interest of 3% per year and mature on May 1, 2029. The holders of the notes may convert the notes, at their option, into shares of Comtech’s common stock at an initial conversion price of $36.44 per share, at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date.

Comtech also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $30 million aggregate principal amount of the notes. The sale of the notes is expected to close on May 8, 2009.


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PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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• New York Private Placement
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• New York Private Placement Memorandum Writing
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• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing