#United States #Los Angeles #Senior Notes #B. Riley Financial #Nasdaq RILY

B. Riley Financial's Successful Redemption of Senior Notes

B. Riley Financial, Inc. (NASDAQ: RILY), a reputable diversified financial services company, has announced the completion of the redemption of its 6.375% Senior Notes that were set to mature on February 28, 2025. This significant financial maneuver marks a pivotal moment for the company as it facilitates the return of capital to investors while maintaining a strong financial performance. The redemption process, having been finalized on the same date, involved repaying the Notes at their full principal value plus any accrued and unpaid interest. As a result of this action, trading of the Notes on the NASDAQ has officially ceased.

Redemption Process Details

The redemption of these senior notes is a strategic move by B. Riley Financial intended to streamline its financial obligations and manage capital effectively. Investors who hold these notes are advised to reach out to their respective banks or brokers for specifics regarding the redemption payment. The entire process underscores the company's commitment to upholding investor relations and fostering a transparent financial environment.

About B. Riley Financial

B. Riley Financial is known for its comprehensive suite of financial services, tailored to address the diverse needs presented by its clients. With a focus on strategic, operational, and capital requirements, the company utilizes cross-platform expertise to provide collaborative solutions throughout various stages of the business lifecycle.

Operating through its subsidiaries, B. Riley encompasses a vast array of services including investment banking, institutional brokerage, private wealth management, financial consulting, corporate restructuring, operations management, and more. By combining these services, B. Riley creates a holistic approach that empowers clients to navigate the complexities of their financial ambitions effectively.

Moreover, B. Riley financial services extend to risk and compliance management, due diligence, forensic accounting, as well as appraisal and valuation services, positioning them as a one-stop-shop for comprehensive financial solutions. Additionally, the company actively invests in opportunities to bolster shareholder value, with selected affiliates also providing senior secured loans to asset-rich companies.

Through its dedication to client success and its commitment to continuous improvement, B. Riley Financial continues to strengthen its market position. The successful redemption of its Senior Notes not only reflects the company’s robust financial health but also its unwavering pledge to return value to investors while exploring growth avenues.

In conclusion, B. Riley Financial remains a key player in the diversified financial services sector, showcasing resilience and strategic foresight in its operations. Stakeholders can anticipate further developments as the company continues to build on its successes, adapt to market changes, and create lasting value for its clientele and shareholders alike.

To learn more about B. Riley Financial and their full range of services, you can visit their official website at www.brileyfin.com.