Raymond James Financial plans to price senior notes

By Marisa Wong

Los Angeles, March 18 – Raymond James Financial, Inc. plans to price senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC and Raymond James & Associates, Inc. are the joint bookrunners.

Proceeds will be used to purchase the company’s 5.625% senior notes due 2024 and 3.625% senior notes due 2026 under a concurrent tender offer. Remaining proceeds will be used for general corporate purposes.

The investment banking company is based in St. Petersburg, Fla.

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