|
Stifel Financial Corp., 5.375% Senior Notes due 12/31/2022
Ticker Symbol: SFN** CUSIP: 860630300 Exchange: NYSE
* NOTE: This security is no longer trading as of 8/12/2016
Security has been Called for: Friday, August 12, 2016
July 26, 2016 – Stifel Financial Corp. today announced that it will redeem 100% of its outstanding 5.375% Senior Notes due 2022 on August 12, 2016, the redemption date. The redemption price is equal to the sum of $150 million, the principal amount of the Notes outstanding, and accrued and unpaid interest on the Notes up to, but not including, the redemption date.
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Stifel Financial Corp., 5.375% Senior Notes due 2022, issued in $25 denominations, redeemable at the issuer's option on or after 12/31/2015 at $25 per share plus accrued and unpaid interest, and maturing 12/31/2022. Interest distributions of 5.375% per annum ($1.34375 per annum or $0.3359375 per quarter) will be paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the record date which will be 1/1, 4/1, 7/1 & 10/1 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
|
Go to Parent Company's Record (SF)
IPO - 12/18/2012 - 6.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $150.0 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 501 North Broadway. St. Louis, MO 63102 |
| Main Phone Number |
314-342-2000 |
| Fax Number |
Not Available |
| Investor Relations
Sarah Anderson
|
415-364-2500
|
| Toll Free Phone Number |
800-679-5446 |
| CEO - Ronald J. Kruszewski |
CFO - James M. Zemlyak |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
