Ameriprise Financial, Inc.
Ameriprise Financial Announces Amendment to Credit Agreement
Summary
On November 25, 2024, Ameriprise Financial, Inc. announced the amendment and restatement of its credit agreement, providing for an unsecured revolving credit facility with a principal commitment of up to $1.25 billion. This amendment replaces the previous credit agreement and includes financial covenants and events of default. The facility is set to expire on November 23, 2029, unless extended.
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About Ameriprise Financial, Inc.
Ameriprise Financial, Inc. is a diversified financial services company that provides a wide array of financial products and services to its clients. Founded in 1894 and headquartered in Minneapolis, Minnesota, Ameriprise is renowned for its comprehensive financial planning, asset management, and insurance services. The company specializes in financial planning services tailored to individual client needs, including retirement, investment, and wealth management strategies. Ameriprise operates through several segments, including Advice & Wealth Management, Asset Management, and Annuities and Protection. These segments allow the company to address different financial needs and objectives of clients ranging from individuals to institutions. With a robust network of financial advisors and a strong emphasis on personalized financial guidance, Ameriprise plays a pivotal role in helping clients achieve their financial aspirations. In the financial market, Ameriprise Financial is noted for its stability and the expertise it brings to comprehensive financial services. As a significant player in the financial planning and wealth management industry, the company influences trends and standards in how financial advice and asset management services are rendered, making it a cornerstone in the financial industry landscape.
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