Wednesday, October 12, 2011

Raymond James plans securities sales - Tampa Bay Business Journal:

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The registration statement would allow Raymond James to offere a wide rangeof securities, including preferred and commonb stock and various forms of As of late Thursday, the registration statement had not yet been filed. “Being positioner to take advantage of attractive including selling debt underthe ’s Temporary Liquidity Guaranty Program if that becomes available to us, is a good Thomas James, chairman and chiefc executive, said in a release. “Thd shelf registration is one way we’re preparing ourselve s to do that.
” Raymond James also disclose d in the release that six lendersd who are backingthe company’s $100 milliojn revolving credit facility have raised questions about the implications of the firm’s decision to withdraw its applicatioj to participate in the ’d capital purchase program and receive funding from the Troubledx Asset Relief Program. Raymond Jamesx said it would provide a response to the lenders in the near Raymond JamesFinancial (NYSE: RJF), headquarteredc in St. Petersburg, is a diversifie d financial services company providing service sto individuals, corporations and municipalities.

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