debt
confidence high
sentiment neutral
materiality 0.55
StoneX Group upsizes credit facility to $650M, extends maturity to June 2028
StoneX Group Inc.
- Amended and restated senior secured credit facility increased to $650 million from prior amount.
- Maturity extended to June 3, 2028; uncommitted accordion feature raised to $300 million.
- Covenant flexibility increased; facility used for working capital needs of StoneX and its subsidiaries.
- Bank of America, N.A. remains administrative agent; multiple lenders participate including BMO, Capital One, CIBC.
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