10:40 AM EDT, 09/19/2024 (MT Newswires) -- Oppenheimer Holdings ( OPY ) said Thursday it sent a notice to holders of its 5.50% senior secured notes due 2025, indicating its intent to redeem about $113.1 million on Oct. 10.

The redemption price will be 100% of the principal amount, plus any accrued and unpaid interest, the company said.

Once the redemption is complete, no notes will remain outstanding, the company added.

Price: 50.30, Change: +0.20, Percent Change: +0.41