---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-110524"
form_type: "8-K"
ticker: "SIEB"
cik: "0000065596"
company_name: "SIEBERT FINANCIAL CORP"
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:50:32.535179+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Siebert subsidiary enters $20M BMO revolving credit facility

## Summary
- Muriel Siebert & Co. subsidiary secured a $20M revolving credit line from BMO Bank N.A.
- Interest rate: Overnight Base Rate plus 2.50%; commitment fee 0.50% on unused portion.
- Proceeds to finance NSCC deposit requirements and Reserve Account withdrawals.
- Covenants: minimum regulatory capital $45M, excess net capital $20M, assets/capital ratio ≤5.0.
- Parent Siebert Financial Corp. provided a full guaranty for the facility's obligations.

## SEC filing metadata
- accession: 0001213900-24-110524
- form_type: 8-K
- ticker: SIEB
- cik: 0000065596
- company_name: SIEBERT FINANCIAL CORP
- filed_at: 2024-12-19T23:59:59+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/65596/000121390024110524/0001213900-24-110524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65596/000121390024110524/ea0225282-8k_siebert.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-110524
- JSON: https://secwatch.observer/filing/0001213900-24-110524.json
- Plain text: https://secwatch.observer/filing/0001213900-24-110524.txt

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