secwatch.observer — SEC 8-K summary
======================================

Issuer:     StoneX Group Inc. (SNEX)
CIK:        0000913760
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0000913760-24-000055
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StoneX closes $550M of 7.875% senior secured notes due 2031
-----------------------------------------------------------

- $550M aggregate principal amount issued at 7.875% interest, maturing March 1, 2031.
- Interest payable semi-annually on March 1 and September 1, beginning September 1, 2024.
- Notes are senior secured second lien, guaranteed by subsidiaries that guarantee the revolving credit facility.
- Proceeds not specified; notes issued in private offering under Rule 144A and Regulation S.
- Redemption options include make-whole prior to 2027 and up to 40% with equity offering proceeds before 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913760/000091376024000055/0000913760-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913760/000091376024000055/intl-20240301.htm
  HTML page:      https://secwatch.observer/filing/0000913760-24-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer