Once again serial issuer of baby bonds B Riley Financial (RILY) has announced a new call.
They will call the 6.875% RILYI baby bond issue on 10/22/2021.
UPDATE – Shares closed yesterday at $25.91–redemption is at $25 plus accrued interest and a 25 cent bonus for early redemption. (as Fabrib reminded me)
And shockingly they are still trading at $25.60 this morning.
The redemption price is equal to 100% of the aggregate principal amount, plus a premium of $0.25 in accordance with the supplemental indenture, plus any accrued and unpaid interest up to, but excluding, the Redemption Date.
Thanks Fabrib