Medley hires adviser to assist in strategic review of its bonds

By Wendy Van Sickle

Columbus, Ohio, Jan. 11 – Medley LLC has engaged B. Riley Securities Inc. as its investment banking adviser to help analyze various financial alternatives to address its capital structure, including a strategic review of its bonds, according to a news release.

In addition to restructuring its debt, the company will also look at restructuring other contractual obligations.

Medley has outstanding unsecured bonds which trade on the NYSE under the symbols (NYSE: MDLX) and (NYSE: MDLQ).

Medley Capital is a New York-based business development company.

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