Raymond James Financial, Inc. (NYSE:RJF) Files An 8-K Termination of a Material Definitive AgreementItem 1.02 Termination of a Material Definitive Agreement
Raymond James Financial, Inc. (NYSE:RJF) Files An 8-K Termination of a Material Definitive Agreement
to its previously announced plans, on March 15, 2017 (the “Redemption Date”), Raymond James Financial, Inc. (the “Company”) redeemed all of its outstanding 6.90% Senior Notes due 2042 (the “Senior Notes”). The aggregate principal amount outstanding of the Senior Notes was $350,000,000. The total cash paid to redeem the Senior Notes was $356,037,500, which included accrued and unpaid interest of $6,037,500. The Bank of New York Mellon Trust Company, N.A., trustee under the indenture for the Senior Notes (the “Trustee”), acted as the paying agent for the Company in connection with the redemption. The Company utilized cash on hand for the redemption of the Senior Notes.
As a result of redemption of the Senior Notes, the related Third Supplemental Indenture, dated as of March 7, 2012, between the Company and the Trustee, has been satisfied and discharged in accordance with its terms as of the Redemption Date.
Item 3.03 Material Modification to the Rights of Security Holders
The information set forth in Item 1.02 of this report is incorporated herein by reference.
About Raymond James Financial, Inc. (NYSE:RJF)
Raymond James Financial, Inc. (RJF) is a financial holding company. The Company’s subsidiaries include Raymond James & Associates, Inc. (RJ&A), Raymond James Financial Services, Inc. (RJFS), Raymond James Financial Services Advisors, Inc. (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc. (Eagle), and Raymond James Bank, N.A. (RJ Bank). It operates through five segments: Private Client Group (PCG), Capital Markets, Asset Management, RJ Bank and the Other segment. The Private Client Group segment includes the retail branches of the Company’s broker-dealer subsidiaries located throughout the United States, Canada and the United Kingdom. The Capital Markets segment includes institutional sales and trading in the United States, Canada and Europe. The Asset Management segment includes the operations of Eagle, the Eagle Family of Funds and other fee-based asset management programs. RJ Bank segment provides corporate loan, securities based loans (SB) and residential loans. Raymond James Financial, Inc. (NYSE:RJF) Recent Trading Information
Raymond James Financial, Inc. (NYSE:RJF) closed its last trading session down -1.02 at 77.21 with 841,372 shares trading hands.
Raymond James Financial, Inc. (RJF) is a financial holding company. The Company’s subsidiaries include Raymond James & Associates, Inc. (RJ&A), Raymond James Financial Services, Inc. (RJFS), Raymond James Financial Services Advisors, Inc. (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc. (Eagle), and Raymond James Bank, N.A. (RJ Bank). It operates through five segments: Private Client Group (PCG), Capital Markets, Asset Management, RJ Bank and the Other segment. The Private Client Group segment includes the retail branches of the Company’s broker-dealer subsidiaries located throughout the United States, Canada and the United Kingdom. The Capital Markets segment includes institutional sales and trading in the United States, Canada and Europe. The Asset Management segment includes the operations of Eagle, the Eagle Family of Funds and other fee-based asset management programs. RJ Bank segment provides corporate loan, securities based loans (SB) and residential loans. Raymond James Financial, Inc. (NYSE:RJF) Recent Trading Information
Raymond James Financial, Inc. (NYSE:RJF) closed its last trading session down -1.02 at 77.21 with 841,372 shares trading hands.