Raymond James to redeem all series A perpetual preferreds on April 3

Chicago, March 3 – Raymond James Financial Inc. will redeem all 40,250 outstanding shares of its 6.75% fixed-to-floating rate series A non-cumulative perpetual preferred stock on April 3, according to an 8-K filing with the Securities and Exchange Commission.

The redemption of the preferred stock will trigger the redemption of the related depositary shares.

The redemption price will be par of $1,000 per share for the preferred stock and par of $25.00 for the series A depositary shares.

The redemption date is a dividend payment date.

Dividends will be paid separately in the customary manner.

Computershare Trust Co., NA is the redemption agent.

Raymond James is a financial services company based in St. Petersburg, Fla.

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