BRC Group Holdings to redeem $142M in senior notes on Sept. 29

BRC Group Holdings, Inc. (Nasdaq: RILY) has announced the full redemption of $142,137,375 in aggregate principal amount of its 6.50% Senior Notes due 2026, with a redemption date set for September 29, 2026.

According to a press release, the redemption price equals 100% of the aggregate principal amount, plus any accrued and unpaid interest from the most recent interest payment date up to, but excluding, the redemption date.

Interest on the notes will cease to accrue on and after the redemption date. The notes, listed on Nasdaq under the ticker symbol "RILYN," will be delisted and cease trading on that date.

Noteholders were informed of the redemption through notices delivered on August 28, 2026. Investors holding a beneficial interest in the notes were directed to contact their bank or broker for information regarding the redemption payment.

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