Raymond James signs amended $1 billion credit agreement, maturing September 2030
Raymond James entered into a Second Amended and Restated Credit Agreement on September 23, 2025, with Bank of America as administrative agent. The facility is now $1,000,000,000, its maturity extends to September 23, 2030, and the interest margin range is lowered to 0.000% to 1.300% from 0.000% to 1.425%. The changes lower the cost of borrowing and extend the company's borrowing capacity, and the filing does not say that any amount has been drawn.
Key points
- Facility amount increased to $1 billion under the Second Amended and Restated Credit Agreement
- Maturity for borrowings extended to September 23, 2030
- Applicable rate range decreased to 0.000% to 1.300% from 0.000% to 1.425%, based on senior unsecured long-term debt ratings
- Agreement amends the credit agreement dated April 6, 2023, with Bank of America, N.A. as administrative agent
The filing
Written by AI on Nov 8, 2026, 1:10 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 September 23, 2025.
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.