JMP Group Inc. (JMP) announced that it has priced an underwritten public offering of $40.0 million aggregate principal amount of 8.00% senior notes.
JMP Group said net proceeds to the company after discounts and commissions but before expenses are approximately $38.7 million and it plans to use the net proceeds for general corporate purposes.
The notes will mature on January 15, 2023, and may be redeemed in whole or in part at any time or from time to time at the company's option on or after January 15, 2016, at a redemption price equal to the principal amount redeemed plus accrued and unpaid interest.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.