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Oppenheimer to redeem all 6¾% senior secured notes due 2022
By Taylor Fox
New York, Aug. 28 – Oppenheimer Holdings Inc. delivered a conditional notice of redemption to holders of its 6¾% senior secured notes due 2022, according to an 8-K filing with the Securities and Exchange Commission.
Oppenheimer will redeem all $150 million outstanding on Sept. 28.
The redemption is conditional and subject to financing that would provide funds necessary to redeem the notes on terms and conditions satisfactory to the company prior to the redemption date.
The Bank of New York Mellon is the trustee.
Oppenheimer is a New York-based middle market investment bank and full-service broker-dealer.
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