BRC Group Holdings, Inc. Announces Full Redemption of 6.50% Senior Notes Due 2026

Rhea-AI Summary

BRC Group Holdings (Nasdaq: RILY) will fully redeem $142,137,375 aggregate principal amount of its 6.50% Senior Notes due 2026 (trading as RILYN) on September 29, 2026. The redemption price equals 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. Interest will cease accruing and the notes will be delisted and stop trading on that date.

Positive

• $142,137,375 of 6.50% Senior Notes scheduled for full redemption
• Redemption at 100% of principal plus accrued and unpaid interest
• Interest on the Notes will cease to accrue after September 29, 2026
• NASDAQ-listed Notes under ticker RILYN will be fully retired and delisted

Negative

• Redemption requires cash outlay of $142,137,375 plus accrued interest
• Holders of RILYN lose a listed 6.50% income-producing security after redemption
• RILYN will be delisted and cease trading on September 29, 2026, reducing market liquidity for holders before that date

Market Context

RILY's -1.1% reaction to Q2 results and -2.76% reaction to a term-loan announcement show the platfor...

Analysis

RILY's -1.1% reaction to Q2 results and -2.76% reaction to a term-loan announcement show the platform's mixed historical news responses. This redemption should be assessed alongside recent net selling, a separate risk factor.

Key Figures

Aggregate principal: $142,137,375 Note coupon: 6.50% Maturity year: 2026 +3 more

6 metrics

Aggregate principal $142,137,375 Full redemption of 6.50% Senior Notes due 2026

Note coupon 6.50% Senior Notes due 2026

Maturity year 2026 Senior Notes due 2026

Redemption date September 29, 2026 Date called for full redemption

Redemption price 100% Of aggregate principal amount, plus accrued and unpaid interest

Notice date August 28, 2026 Notices of redemption delivered to noteholders

Historical Context

5 past events · Latest: Aug 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Aug 06	2Q26 earnings report	Positive	-1.1%	Revenue increased and net debt declined, but the 24-hour reaction was negative.
Jul 23	Earnings date notice	Neutral	-2.1%	The company scheduled second-quarter results and an earnings conference call.
Jun 15	SpaceX position update	Positive	+5.0%	BRC disclosed preliminary carried-interest values following SpaceX's IPO.
Jun 04	Healthcare summit notice	Neutral	-7.4%	B. Riley Securities announced an invitation-only healthcare investor summit.
Jun 03	Term loan announcement	Positive	-2.8%	BRC Specialty Finance announced a $20 million advance supporting data-center infrastructure.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

RILY's recent news reactions were mostly negative despite several announcements containing positive operating, financing, or asset-related developments.

Key Terms

senior notes, aggregate principal amount, redemption price, accrued and unpaid interest, +1 more

5 terms

senior notes financial

"full redemption equal to $142,137,375 aggregate principal amount of its 6.50% Senior Notes"

Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

aggregate principal amount financial

"equal to $142,137,375 aggregate principal amount of its 6.50% Senior Notes"

The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.

redemption price financial

"The redemption price is equal to 100% of the aggregate principal amount"

The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.

accrued and unpaid interest financial

"plus any accrued and unpaid interest from the most recent Interest Payment Date"

Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.

beneficial interest financial

"through which they hold a beneficial interest in the Notes"

Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LOS ANGELES, Aug. 28, 2026 /PRNewswire/ -- BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRC" or the "Company") today announced that it has called for the full redemption equal to $142,137,375 aggregate principal amount of its 6.50% Senior Notes due 2026 (the "Notes") on September 29, 2026 (the "Redemption Date").

The redemption price is equal to 100% of the aggregate principal amount, plus any accrued and unpaid interest from the most recent Interest Payment Date and up to, but excluding, the Redemption Date, as set forth in each notice of redemption delivered to noteholders on August 28, 2026.

Interest on the Notes will cease to accrue on and after the Redemption Date. The Notes, which are listed on NASDAQ under the ticker symbol "RILYN," will be delisted and cease trading on the Redemption Date.

Investors in the Notes should contact the bank or broker through which they hold a beneficial interest in the Notes for information about the Redemption Payment.

This press release is for informational purposes only and shall not constitute a notice of redemption of the Notes or an offer to purchase, or a solicitation of an offer to sell, any Notes or other securities.

About BRC Group Holdings, Inc.
BRC Group Holdings, Inc. (Nasdaq: RILY) is a diversified holding company, including financial services, communications, and retail, and investments in equity, debt and venture capital. Our core financial services platform provides small cap and middle market companies customized end-to-end solutions at every stage of the enterprise life cycle. Our banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business offers wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation. Our communications businesses provide consumer and business services including traditional, mobile and cloud phone, internet and data, security, and email. Our retail businesses provide mobile computing accessories and home furnishings. BRCGH deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brcgh.com.

Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's intention and ability to redeem the full $142,137,375 aggregate principal amount of its 6.50% Senior Notes due 2026, the expected Redemption Date of September 29, 2026, and the expected payment of the redemption price along with accrued and unpaid interest. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties, many beyond the Company's control, that could cause the Company's performance and actual results to differ materially. Such risks include, but are not limited to: macroeconomic conditions, including interest rate fluctuations and inflation; unanticipated operational or financial challenges that could impact the execution of the redemption; volatility in the financial markets and general economic conditions; and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission (SEC), including, without limitation, the risks described in the Company's 2025 Annual Report on Form 10-K, its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update them, except as required by law.

Contacts

Investors
Mike Frank
mfrank@brcgh.com

Media
Jo Anne McCusker
press@brcgh.com

 

View original content:https://www.prnewswire.com/news-releases/brc-group-holdings-inc-announces-full-redemption-of-6-50-senior-notes-due-2026--302862584.html

SOURCE BRC Group Holdings, Inc.

FAQ

What did BRC Group Holdings (NASDAQ: RILY) announce about its 6.50% Senior Notes due 2026?

BRC Group Holdings announced it will fully redeem its 6.50% Senior Notes due 2026 on September 29, 2026. According to BRC, the redemption covers $142,137,375 aggregate principal amount, paying 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date.

What is the redemption price for BRC Group Holdings’ 6.50% Senior Notes (RILYN) in 2026?

The redemption price is 100% of the aggregate principal amount plus accrued and unpaid interest. According to BRC, interest is paid from the most recent interest payment date up to, but excluding, September 29, 2026, when interest on the Notes stops accruing.

When will BRC Group Holdings’ 6.50% Senior Notes (ticker RILYN) be delisted from Nasdaq?

BRC’s 6.50% Senior Notes (RILYN) will be delisted on September 29, 2026. According to BRC, the Notes will cease trading on the redemption date, and interest on the Notes will also stop accruing from and after that date.

How much principal is BRC Group Holdings redeeming on its 6.50% Senior Notes due 2026?

BRC Group Holdings is redeeming $142,137,375 aggregate principal amount of its 6.50% Senior Notes. According to BRC, the full principal will be redeemed at 100% of face value, plus any accrued and unpaid interest up to, but excluding, September 29, 2026.

What should investors holding BRC Group Holdings’ 6.50% Senior Notes (RILYN) do before the 2026 redemption?

Investors should contact the bank or broker through which they hold their beneficial interest. According to BRC, those intermediaries can provide details on the redemption payment process as the Notes will be redeemed, delisted, and cease trading on September 29, 2026.

Does BRC Group Holdings’ 2026 redemption announcement constitute a formal notice or offer to purchase the Notes?

No, the announcement does not constitute a formal notice of redemption or an offer to purchase. According to BRC, the press release is for informational purposes only and does not solicit the sale or purchase of any Notes or other securities.