[Satellite TODAY 09-21-09] GeoEye is attempting to raise $350 million through a sale of senior secured notes due 2015, the company announced Sept. 18.
    The imagery company said the proceeds of the offering will be used to purchase all of its outstanding $250 million in floating rate senior secured notes due 2012 and for general corporate purposes, which may include funding a portion of the costs of constructing the GeoEye-2 high-resolution satellite, scheduled to launch in 2012.
    The notes will not be registered under the securities act of 1933 and will not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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