Chase Securities Inc. was expected late Thursday to price a $750 million private high-yield offering for Iridium LLC, a Washington-based global wireless communications company.

The issue-originally set for $500 million but bumped up by investor demand-was expected to price to yield 13%, investors said Thursday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.