secwatch.observer — SEC 8-K summary
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Issuer:     RAYMOND JAMES FINANCIAL INC (RJF)
CIK:        0000720005
Form:       8-K
Filed at:   2023-04-12T23:59:59+00:00
Accession:  0000720005-23-000037
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Raymond James expands revolving credit facility to $750M, extends maturity to 2028
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- Facility increased from $500M to $750M with a syndicate of lenders led by Bank of America, Citibank, JPMorgan, PNC, Regions, and U.S. Bank.
- Maturity extended to April 6, 2028 (five-year term).
- Interest rate provisions modified to allow borrowings in alternative currencies.
- CEO Paul Reilly stated the upsized revolver strengthens contingent liquidity sources.
- Credit agreement is unsecured and committed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720005/000072000523000037/0000720005-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720005/000072000523000037/rjf-20230406.htm
  HTML page:      https://secwatch.observer/filing/0000720005-23-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer