Stifel Financial to sell $25-par senior notes due 2022; proceeds for general corporate purposes

By Stephanie N. Rotondo

Phoenix, Dec. 18 - Stifel Financial Corp. is planning an offering of $25-par senior notes due Dec. 31, 2022, according to a prospectus filed with the Securities and Exchange Commission on Tuesday.

Interest will be payable on a quarterly basis on the 15th day of January, April, July and October, beginning April 15. The notes can be called beginning on Dec. 31, 2015 at par plus accrued interest.

Stifel will apply to list the note son the New York Stock Exchange.

Joint bookrunners are Stifel Nicolaus & Co., Bank of America Merrill Lynch, Morgan Stanley & Co. LLC, Keefe, Bruyette & Woods, JMP Securities Inc. and U.S. Bancorp.

Proceeds will be used for general corporate purposes.

Stifel is a St. Louis-based full-service retail and institutional brokerage and investment bank.

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