Esports Company FaZe Clan Merges with B. Riley Financial SPAC

FaZe Clan, an esports and entertainment company, entered into a definitive merger agreement to combine with B. Riley Principal 150 Merger (BRPM), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial.

October 28, 2021 Amit Bajaj | B. Riley Securities | Citi | Dan Shribman | Evolution Media Capital | FaZe Clan | Kai Henry | Lee Trink | M. Klein and Company | McDermott Will & Emery | Skadden Arps State Meagher & Flom | Tammy Brandt | White & Case Ian Koplin

Sullivan Joins B. Riley Securities as Head of Fixed Income

Tim Sullivan joined B. Riley Financial as head of fixed income with B. Riley Securities. Andy Moore, CEO of B. Riley Securities, will be leading the expansion of the firm’s fixed income division in coordination with Sullivan.

August 11, 2021 Andy Moore | B. Riley Financial | B. Riley Securities | Bryant Riley | Tim Sullivan Ian Koplin

B. Riley Provides $50MM Credit Facility to Cadiz as Part of Company’s Refinancing

Cadiz closed a long-term, $50 million, 7% senior secured credit facility agented by B. Riley Securities, completing a $107.5 million financing package that has enabled Cadiz to reduce its total outstanding debt, lengthen debt maturity and provide capital resources for continued asset development activities.

July 8, 2021 Apollo Special Situations Fund | B. Riley Securities | Cadiz | Cadiz Northern Pipeline | Scott Slater Ian Koplin

AeroCentury Enters Stalking Horse Agreement with Drake Asset Management

AeroCentury and certain of its subsidiaries commenced a voluntary case under Chapter 11 of the United States Bankruptcy Code. AeroCentury also entered into a stalking horse agreement with its sole secured lender, Drake Asset Management.

March 30, 2021 AeroCentury | B. Riley Securities | Drake Asset Management | Michael Magnusson | Morrison & Foerster | Young Conaway Stargatt & Taylor Ian Koplin

BoA and TCW Provide $210MM for Rocky Brands’ Acquisition of Honeywell’s Footwear Business

Bank of America provided an $80 million senior secured asset-backed credit facility and TCW Asset Management provided a $130 million term loan facility to support footwear manufacturer Rocky Brands’ acquisition of the performance and lifestyle footwear business of Honeywell International.

January 26, 2021 B. Riley Securities | Bank of America | Centerview Partners | Craig Reingold | Crowell & Moring | Honeywell International | Jason Brooks | Porter Wright Morris & Arthur | Rocky Brands | TCW Asset Management Phil Neuffer

Monroe Capital Corporation Closes Offering of $130MM 4.75% Notes Due 2026

Monroe Capital Corporation closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026. Raymond James & Associates acted as book-running manager for this offering.

January 26, 2021 B. Riley Securities | Huntington Securities | ING Financial Markets | Janney Montgomery Scott | Ladenburg Thalmann & Co. and Oppenheimer & Co. | Monroe Capital Corporation | Raymond James & Associates Phil Neuffer