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

Issuer:     StoneX Group Inc. (SNEX)
CIK:        0000913760
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0000913760-25-000120
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StoneX prices $625M 6.875% senior secured notes due 2032 to fund RJO acquisition
--------------------------------------------------------------------------------

- Subsidiary StoneX Escrow Issuer LLC priced $625M of 6.875% senior secured notes due 2032; closing expected July 8, 2025.
- Proceeds held in escrow until RJO acquisition closes; then StoneX assumes note obligations.
- Upon merger, notes will be secured by second-priority liens on substantially all StoneX assets, subordinated to first-lien debt.
- Filed RJO audited FY2024 financials showing revenue $768.6M and net income $100.7M; also unaudited Q1 2025 statements.
- Pro forma combined balance sheet as of March 31, 2025 and income statements for FY2024 and interim period included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913760/000091376025000120/0000913760-25-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913760/000091376025000120/intl-20250623.htm
  HTML page:      https://secwatch.observer/filing/0000913760-25-000120

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