
Eli Lilly and Company ($LLY) is experiencing a strong performance in the stock market, being highlighted as one of the top winners in the S&P 500 year-to-date. Recent reports indicate that the stock is on track to reach new highs. In a separate development, B. Riley Financial ($RILY) has seen a significant rise in its shares, increasing by 30% after securing a new $160 million debt financing deal. This funding, sourced from Oaktree Capital Management, is intended to replace a loan from Nomura, which had previously burdened the firm due to a problematic buyout deal. The new financing could also lead to Oaktree acquiring a 6% stake in B. Riley Financial.
B. Riley Pays Off Nomura’s Loan With $160 Million From Oaktree, the Howard Marks led firm which could give them a 6% stake in $RILY 👀 https://t.co/wbV3ALGAkP
B. Riley Pays Off Nomura’s Loan With $160 Million From Oaktree $RILY👀 https://t.co/wbV3ALGAkP
B. Riley Pays Off Nomura’s Loan With $160 Million From Oaktree 👀$RILY https://t.co/wbV3ALGAkP


