Ladenburg Thalmann Financial Services Inc. has closed the sale of $4.1 million in 6.50% senior notes, pursuant to the overallotment option for underwriters in its $72.5 million debt offering.
The underwriters had been granted the option of buying $10.9 million more of the notes. The additional sale resulted in approximately $3.9 million in proceeds, net of underwriting discounts but before expenses.
