NEW YORK, June 28, 2007 (PRIME NEWSWIRE) -- J Giordano Securities Group, an independent, full-service investment banking and brokerage firm, has closed a $60M private placement financing of 5.5% Convertible Senior Subordinated Debentures for LSB Industries (AMEX:LXU). This was the second placement that J Giordano has completed for LSB Industries.
About J Giordano Securities Group
Headquartered in Stamford, Connecticut, with offices in New York, Boca Raton, Northfield, IL, Newtown, PA, and Roseland, NJ, J Giordano is a leading independent investment bank and brokerage firm with primary and secondary market expertise in convertibles, high-yield, municipals, asset-backed securities, equity, options, and warrants. J Giordano currently employs over 55 investment professionals.
Company Website: www.jgiordano.com
About LSB Industries
LSB is a manufacturing, marketing, and engineering company with activities on a worldwide basis. LSB's principal business activities consist of the manufacture and sale of commercial and residential climate control products, the manufacture and sale of chemical products for the mining, agricultural and industrial markets, and the provision of specialized engineering services and other activities.
The J Giordano Securities Group logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3883