Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Penson Worldwide Completes $60 Million Rule 144A Offering

Date: 06/03/09

Cahill represented J.P. Morgan Securities Inc. and Morgan Keegan & Company, Inc. as Initial Purchasers in Penson Worldwide, Inc.'s Rule 144A Offering of $60,000,000 of its 8.0% Senior Convertible Notes due 2014. The proceeds will be used for general corporate purposes and to pay down a portion of the senior secured revolving credit facility.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com