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Share Name | Share Symbol | Market | Type |
---|---|---|---|
B Riley Financial Inc | NASDAQ:RILY | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.48 | -7.39% | 31.10 | 31.03 | 31.25 | 34.4199 | 29.6201 | 33.62 | 1,108,207 | 21:17:48 |
Founded in 1988, Murray Energy Corp. is the largest privately-owned coal company in the US and produces bituminous coal primarily used in power generation.
“We are very pleased to work with Murray Energy and provide a financing solution that meets their capital needs and provides liquidity for the recapitalized business,” said John Ahn, President of GACP. “This transaction is another example of GACP’s interest and ability to creatively provide solutions in the energy sector.”
"Murray Energy is excited to work with GACP,” said Robert Moore, Executive Vice President, Chief Operating Officer, and Chief Financial Officer of Murray Energy. “The GACP team has a thorough understanding our business and this loan will enable us to strengthen our position in the global marketplace.”
For more information about GACP, visit www.gacapitalpartners.com.
About Great American Capital Partners, LLCGreat American Capital Partners (GACP) originates and underwrites senior secured loans across a wide array of industries and is dedicated to providing opportunistic and responsive capital to the underserved middle market.
About B. Riley Financial, Inc.B. Riley Financial provides collaborative financial services and solutions tailored to fit the capital raising and financial advisory needs of public and private companies and high net worth individuals. The company operates through several wholly-owned subsidiaries, including B. Riley FBR, a full-service investment bank and institutional brokerage; Great American Group, a leading provider of asset disposition, appraisal, corporate advisory and valuation services; GlassRatner, a specialty financial advisory services and consulting firm; B. Riley Wealth Management, B. Riley Asset Management and B. Riley Alternatives, which offer investment management to institutional and high net worth investors; Great American Capital Partners, which originates and underwrites senior secured loans for asset-rich companies; and B. Riley Principal Investments, which invests in or acquires companies and assets with attractive return profiles.
Media Contact:Jo Anne McCuskerMedia Relationsjmccusker@brileyfin.com(646) 885-5425
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