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May 14, 2018 11:10 AM ET|About: B. Riley Financial, Inc. (RILY)|By: Gaurav Batavia, SA News Editor
B. Riley Financial (NASDAQ:RILY) commenced an underwritten registered public offering of $50M, 5-year senior notes due 2023.
Underwriters are granted a 30-day option to purchase additional senior notes.
Net proceeds shall be used to fund the acquisition of magicJack and remaining proceeds for general corporate purposes.
Shares -1.62%.
Press Release
B. Riley Financial (NASDAQ:RILY) commenced an underwritten registered public offering of $50M, 5-year senior notes due 2023.
Underwriters are granted a 30-day option to purchase additional senior notes.
Net proceeds shall be used to fund the acquisition of magicJack and remaining proceeds for general corporate purposes.
Shares -1.62%.
Press Release