ST. PETERSBURG, Fla. - Raymond James Financial, Inc. (NYSE: RJF) announced today that it has elected to redeem all of its outstanding 6.90% Senior Notes due 2042 (NYSE: RJD, CUSIP: 754730208) on March 15, 2017. The aggregate principal amount outstanding of the notes is $350 million. The redemption price will be equal to 100 percent of the principal amount plus accrued and unpaid interest to the redemption date, for an aggregate payment to holders of approximately $356,037,500.

As trustee for the notes, The Bank of New York Mellon Trust Company, N.A. issued a notice to registered holders concerning the redemption. Raymond James intends to use cash on hand to fund this redemption, after which no 6.90% Senior Notes will remain outstanding. The address of the trustee for the notes is:

The Bank of New York Mellon Trust Company, N.A.
111 Sanders Creek Parkway
East Syracuse, NY 13057

Forward Looking Statements

Certain statements made in this press release may constitute 'forward-looking statements' under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as 'believes,' 'intends,' and future or conditional verbs such as 'will' and 'may,' as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission (the 'SEC') from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at www.raymondjames.comand the SEC's website at www.sec.gov. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events, or otherwise.

About Raymond James Financial, Inc.

Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 7,100 financial advisors serving in excess of 2.9 million client accounts in more than 2,900 locations throughout the United States, Canada and overseas. Total client assets are approximately $617 billion. Public since 1983, the firm has been listed on the New York Stock Exchange since 1986 under the symbol RJF. Additional information is available at www.raymondjames.com.

Raymond James Financial Inc. published this content on 06 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 February 2017 19:59:03 UTC.

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