Raymond James Expands Debt Capital Markets Group, Hires High-Yield-Focused Professional David Barcus

ST. PETERSBURG, Fla. – Raymond James is expanding its debt capital markets capabilities by hiring David Barcus as managing director and head of high-yield capital markets. The addition of Barcus will enhance the firm’s ability to serve issuers of non-investment-grade debt. During his more than 25 year career, Barcus has advised clients on over $20 billion of lead-managed debt financings.

“Our corporate debt capital-raising business has grown significantly in recent years, and we continually explore ways to improve our origination and execution expertise,” said Julian Bynum, head of Debt Capital Markets. “David’s leveraged finance experience will contribute to more comprehensive coverage of our corporate and financial sponsor clients.”

Based in New York City, Barcus joins Raymond James from BBVA Securities, where he led the North American high-yield business for the last five years. He previously ran debt capital markets for Knight Capital and spent 17 years at BNP Paribas in New York and Hong Kong. Barcus began his career at Bear, Stearns & Co., Inc.

“I’m excited to join Raymond James and the Debt Capital Markets group,” Barcus said. “The firm is well-positioned to deliver successful outcomes to clients across numerous industries, and I look forward to building on the momentum established by the DCM team.”

About Raymond James Investment Banking

Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2015, we have participated in raising nearly $300 billion in capital for our corporate clients and completed over 925 advisory assignments, including nearly 800 M&A buy-side or sell-side advisory assignments as of 3/31/2021. © 2021 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.

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 8,300 financial advisors. Total client assets are $1.15 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com.