Stifel Hires Ed Ribaudo as Managing Director and Head of Leveraged Finance Capital Markets

Rhea-AI Summary

Stifel Financial Corp. (NYSE: SF) has appointed Ed Ribaudo as Managing Director and Head of Leveraged Finance Capital Markets, effective September 23, 2021. Ribaudo, previously at Houlihan Lokey, brings extensive experience in syndicated leveraged finance. His role will involve leading Stifel's Leveraged Finance Capital Markets and Syndicate functions from the New York office. The company aims to enhance its offerings in non-investment-grade debt products, which include high-yield bonds and credit facilities, to support clients in leveraging for growth and acquisitions.

Positive

• Ed Ribaudo's appointment is expected to enhance Stifel's capabilities in leveraged finance.
• Ribaudo brings a wealth of experience from his previous positions, which may improve Stifel's market positioning.

Negative

• There may be concerns regarding continuity and experience gaps within the leveraged finance team due to leadership change.

ST. LOUIS, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ed Ribaudo as a Managing Director and Head of Leveraged Finance Capital Markets. In this new role, Mr. Ribaudo is responsible for leading the firm’s Leveraged Finance Capital Markets and Syndicate functions and is based in Stifel’s New York City office.

Mr. Ribaudo joins Stifel from Houlihan Lokey, where he co-founded and built the firm’s syndicated leveraged finance platform, enabling it to provide underwritten commitments on broadly syndicated leveraged loans. Prior to Houlihan, he spent more than 10 years at GE Capital Markets, where he was responsible for originating, structuring, and syndicating sponsor-financed transactions in diversified industries, media & communications, healthcare, and energy for sale to the syndicated loan market. Earlier in his career, he was involved in loan sales and trading at Scotia Capital.

“Over the past several years, we have made substantial progress building out our leveraged finance and fixed income capital markets platform,” said Eric Needleman, Global Head of Fixed Income Capital Markets. “We are now taking yet another major step forward with the addition of Ed, who brings extensive credit, product, and market experience in leveraged finance. Ed will work closely with the leveraged finance team and our fixed income sales specialists to best execute non-investment-grade debt solutions on behalf of our diverse client base.”

Stifel’s Leveraged Finance Group offers a complete range of non-investment-grade debt products to assist clients in using leverage to grow, make acquisitions, and enhance value. It offers a full suite of debt products on a best-efforts and underwritten basis, including first lien and second lien credit facilities, asset-based revolving credit facilities, high-yield bonds, bridge facilities, and mezzanine financing.

Stifel Company Information

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; and Stifel Independent Advisors, LLC. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

Stifel Media Relations Contact
Neil Shapiro, (212) 271-3447
shapiron@stifel.com

FAQ

Who is Ed Ribaudo and what is his role at Stifel?

Ed Ribaudo has been appointed as Managing Director and Head of Leveraged Finance Capital Markets at Stifel.

What experience does Ed Ribaudo bring to Stifel?

Ribaudo co-founded the leveraged finance platform at Houlihan Lokey and has over 10 years of experience at GE Capital Markets.

What products will Stifel's Leveraged Finance Group offer?

The group offers a range of non-investment-grade debt products, including high-yield bonds and various credit facilities.

When was Ed Ribaudo's appointment announced?

His appointment was announced on September 23, 2021.