Penson Worldwide Completes $200 Million Bond Offering

May 6, 2010

Cahill represented J.P. Morgan Securities Inc., UBS Securities LLC, Morgan Keegan & Company, Inc. and JMP Securities LLC as initial purchasers in a Rule 144A/Reg S Offering of $200,000,000 12.5% Senior Second Lien Secured Notes due 2017 by Penson Worldwide, Inc.