---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-245647"
form_type: "8-K"
ticker: "SF"
cik: "0000720672"
company_name: "STIFEL FINANCIAL CORP"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:53:53.298752+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Stifel enters $750M unsecured revolving credit facility, replacing $500M facility

## Summary
- New $750M revolving credit facility matures Sept 27, 2028, replacing existing $500M facility.
- Interest rates are variable based on SOFR; margins tied to SFC's debt ratings.
- Borrowers: Stifel Financial Corp. and Stifel Nicolaus & Company, with subsidiary guarantors.
- Proceeds for working capital, short-term operating needs, and general corporate purposes.
- Covenants: minimum tangible net worth, maximum capitalization ratio, regulatory excess net capital.

## SEC filing metadata
- accession: 0001193125-23-245647
- form_type: 8-K
- ticker: SF
- cik: 0000720672
- company_name: STIFEL FINANCIAL CORP
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720672/000119312523245647/0001193125-23-245647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720672/000119312523245647/d555530d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-245647
- JSON: https://secwatch.observer/filing/0001193125-23-245647.json
- Plain text: https://secwatch.observer/filing/0001193125-23-245647.txt

## Key facts
- Debt Financings
  STIFEL FINANCIAL CORP incurred credit facility of up to $750.0 million with Bank of America, N.A. at based on the Secured Overnight Financing Rate maturing September 27, 2028.
  - Instrument: credit facility
  - Principal: up to $750.0 million
  - Counterparty: Bank of America, N.A.
  - Rate: based on the Secured Overnight Financing Rate
  - Maturity: September 27, 2028
  - Event: incurrence
  source text: terminated. The Credit Agreement has a maturity date of September 27, 2028, and provides for a committed unsecured borrowing facility for maximum aggregate borrowings of up to $750.0 million depending on the amount of outstanding borrowings of the Borrowers from time to time during the duration of the Credit Agreement. The interest rates on borrowings under the
  evidence_url: https://www.sec.gov/Archives/edgar/data/720672/000119312523245647/0001193125-23-245647-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.