Stifel Financial Corporation has entered into an Amended and Restated Credit Agreement with a syndicate of lenders led by Bank of America, N.A., replacing its previous unsecured credit agreement dated September 27, 2023. The new agreement, effective February 4, 2026, terminates all commitments under the previous facility. Stifel and its subsidiary, Stifel Nicolaus & Company, Incorporated, may draw funds from the facility for working capital, short-term operating needs, and general corporate purposes, provided they maintain compliance with certain financial covenants, including minimum consolidated tangible net worth and maximum consolidated total capitalization ratio. The agreement also requires Stifel Nicolaus to meet a minimum regulatory excess net capital percentage, and Stifel’s bank subsidiaries to remain well-capitalized.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stifel Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-037686), on February 04, 2026, and is solely responsible for the information contained therein.
Comments