secwatch.observer — SEC 8-K summary
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Issuer:     StoneX Group Inc. (SNEX)
CIK:        0000913760
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0000913760-24-000038
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913760/000091376024000038/0000913760-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913760/000091376024000038/intl-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000913760-24-000038

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