secwatch.observer — SEC 8-K summary
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Issuer:     StoneX Group Inc. (SNEX)
CIK:        0000913760
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0000913760-24-000116
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StoneX completes redemption of 8.625% Notes due 2025; funded with $550M 7.875% Notes due 2031
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- Redeemed all $550M of 8.625% Senior Secured Notes due 2025 on June 15, 2024.
- Redemption price of 100% of principal plus accrued and unpaid interest.
- Proceeds from $550M issuance of 7.875% Senior Secured Notes due 2031 were used.
- The 8.625% Notes indenture has been satisfied and discharged.
- Refinancing reduces interest rate by 0.75% and extends maturity by 6 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913760/000091376024000116/0000913760-24-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913760/000091376024000116/intl-20240615.htm
  HTML page:      https://secwatch.observer/filing/0000913760-24-000116

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