StoneX prices $550M 7.875% senior secured notes due 2031 to refinance 2025 notes

StoneX Group Inc.

$550M aggregate principal of 7.875% Senior Secured Notes due 2031 priced on Feb 15, 2024.
Offering expected to close March 1, 2024; issued in private placement under Rule 144A/Reg S.
Net proceeds with cash on hand to redeem 8.625% Senior Secured Notes due 2025 and repay revolver.
Notes are senior secured second lien, fully and unconditionally guaranteed by certain subsidiaries.
Interest payable semi-annually at 7.875% per annum; secured on second priority basis.

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