Correction–as Citadel points out they have not actually called for redemption of the old 8% issue as of this time. The registration statement states they intend to redeem all of the JMPB issue.
Securities dealer JMP Group LLC (NASDAQ:JMP) will be selling a new baby bond offering.
The company has NOT yet announced that they will be calling their 8% baby bond issue (Nasdaq:JMPB), which had previously been partially called on 7/31/2018, but within the offering documents they do state they intend to call these baby bonds.
Thanks to Fabrib for catching this one last night under “Reader Initiated Alerts”.