Davis Polk advised the initial purchasers in connection with a Rule 144A offering by CalAmp Corp. of $150 million aggregate principal amount of its 1.625% convertible senior notes due 2020. In addition, Davis Polk advised the counterparties to convertible note hedge and warrant transactions in connection with the offering. 

Headquartered in Oxnard, California, CalAmp Corp. is a leading provider of wireless communications solutions for a broad array of applications to customers globally. CalAmp’s stock is listed on The NASDAQ Global Select Market  under the symbol “CAMP.”   

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associates Siyu Jiang and Mohammad Ali. The Davis Polk equity derivatives team included partner Ray Ibrahim and associate Barry J. Gewolb. The tax team included partner Rachel D. Kleinberg and associate Joseph Pahl. Partner Frank J. Azzopardi provided intellectual property advice. Members of the Davis Polk team are based in the Menlo Park and New York offices.