Financial services company Ladenburg Thalmann (AMEX:LTS) has announced pricing for their new baby bonds.
The pricing comes at a juicy 7.75% for 2 millions shares (bonds). There is an additional 300,000 shares available for over allotments.
The SEC pricing term sheet has not yet been filed–but should be any minute and we will post it with full details at that time.
As mentioned earlier the shares will trade under ticker LTSH when they begin to trade in the next few days (or week).