Ameriprise Financial amends $1 billion unsecured revolving credit facility, maturing 2029
On November 25, 2024, Ameriprise Financial entered into a Fifth Amended and Restated Credit Agreement, an unsecured revolving credit facility of up to $1 billion that can be increased to $1.250 billion. The agreement replaces a fourth amended and restated agreement dated June 11, 2021, and its commitments are scheduled to expire on November 23, 2029, unless extended. The filing describes routine refinancing terms, including financial covenants on interest coverage and leverage, which matter to shareholders as they define the company's borrowing capacity and conditions.
Key points
- Facility: unsecured revolving credit of up to $1 billion, expandable to $1.250 billion upon certain conditions
- Financial covenants: interest coverage ratio above 4.00 to 1.00; consolidated leverage ratio not to exceed 3.25 to 1.00, subject to a temporary increase after certain material acquisitions
- Scheduled expiration: November 23, 2029, extendable by up to two one-year periods with lender agreement
- Replaces the fourth amended and restated credit agreement entered into on June 11, 2021
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 26, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.