Tag Archives: Cadiz

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.