Ameriprise Financial Inc. has filed a shelf registration related to the sale of certain securities from time to time.
The securities include debt securities, warrants, purchase contracts, preferred stock and common stock.
The debt securities, warrants, purchase contracts and preferred stock may be convertible into or exercisable or exchangeable for common or preferred stock or other securities of Ameriprise Financial or debt or equity securities of one or more other entities, the company said.
The company plans to use the net proceeds from the sale of securities for general corporate purposes, which may include repayment of debt, investments in or extensions of credit to the company's subsidiaries, repurchases of common stock, capital expenditures and the financing of possible acquisitions or business expansions. The net proceeds from the sale of securities may be invested temporarily or applied to repay short-term obligations until they are used for their stated purpose.
