Magal Raises $16 Million in Successful Rights Offering

Corporate partner Steven J. Glusband assisted firm client Magal Security Systems, Ltd. in raising $16 million in a rights offering to its shareholders. Magal is a leading international provider of security, safety and site management solutions and products including tailor-made solutions. The proceeds of the rights offering will be used to repay debt and to strengthen the company’s capital structure.

View Magal’s press release.  

Latest News

See all news items

© Copyright 2020 Carter Ledyard & Milburn LLP