LOS ANGELES, Feb. 28, 2025 /PRNewswire/ -- B. Riley
Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the
"Company"), a diversified financial services company, today announced
that it has completed the redemption procedures of all the issued and
outstanding 6.375% Senior Notes due February 28, 2025 (NASDAQ: RILYM) (the
"Notes").
The redemption date for the
Notes is February 28, 2025 and the Notes were redeemed at 100% of their
principal amount, plus accrued and unpaid interest (the "Redemption
Payment"). The Notes have ceased trading on the NASDAQ following the
redemption.
Investors in the Notes should
contact the bank or broker through which they hold a beneficial interest in the
Notes for information about the Redemption Payment.
About B. Riley Financial
B. Riley Financial is a
diversified financial services company that delivers tailored solutions to meet
the strategic, operational, and capital needs of its clients and partners. B.
Riley leverages cross-platform expertise to provide clients with full service,
collaborative solutions at every stage of the business life cycle. Through its
subsidiaries and affiliated entities, B. Riley provides end-to-end financial
services across investment banking, institutional brokerage, private wealth and
investment management, financial consulting, corporate restructuring,
operations management, risk and compliance, due diligence, forensic accounting,
litigation support, appraisal and valuation, auction, and liquidation services.
B. Riley opportunistically invests to benefit its shareholders, and certain
affiliates originate and underwrite senior secured loans for asset-rich
companies. B. Riley refers to B. Riley Financial, Inc. and/or one or more of
its subsidiaries or affiliated companies. For more information, please visit www.brileyfin.com.
Contacts
Investors
ir@brileyfin.com
Media
press@brileyfin.com