B. Riley Financial Announces Partial Redemption of 6.75% Senior Notes due 2024
LOS ANGELES, Jan. 30, 2024 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”) today announced that it has called for the partial redemption of $115,492,400 aggregate principal amount of its 6.75% Senior Notes due 2024 (the “Notes”) on February 29, 2024 (the “Redemption Date”). This partial redemption is being conducted to satisfy the Company’s obligations under its credit facility pursuant to which any amounts outstanding on the Notes in excess of $25.0 million must be redeemed on a date that is 91 days prior to the maturity date of the Notes.
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