B Riley Financial 6.875% Senior Notes due 2023

By: ,

Date Issued  9/6/2018

Shares Issued  3,480,000     Overallotment Shares 522,000

S&P Rating  NR   Moodys Rating   NR

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Security Ticker Symbol  RILYI

Market Traded ON   NASDAQ

Interest Payment Paid the last day of January, April, July and October  beginning on 10/31/2018

Quarterly Interest  .43    Annual Interest   1.719

Securities may be redeemed, at the issuers option, as early as 9/30/2020  and before 9/30/2021 for $25.50/share plus accrued interest, on 9/30/2021 and before 9/30/2022 for a price of $25.25 plus accrued interest and after that date and before maturity at $25 plus accrued interest.

Payments are NOT a Qualified Distribution–payments are interest not dividends

Maturity Date  9/30/2023

Click Here to find the offering prospectus

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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