StoneX : Termination of Material Agreement Form 8 K
June 17, 2024 at 04:13 pm
Share
Item 1.02. Termination of a Material Definitive Agreement.
As previously disclosed, on March 1, 2024, StoneX Group Inc. (the "Company") completed the issuance and sale of $550 million aggregate principal amount of 7.875% Senior Secured Notes due 2031 (the "Notes"). The Company used a portion of the proceeds from the issuance of the Notes to complete the redemption in full of the Company's existing 8.625% Senior Secured Notes due 2025 (the "8.625% Notes"), at a redemption price equal to 100% of the outstanding aggregate principal amount of such 8.625% Notes, plus accrued and unpaid interest, up to, but not including, the redemption date of June 15, 2024, in accordance with the terms of the indenture governing such 8.625% Notes (the "8.625% Notes Indenture"). The 8.625% Notes Indenture was subsequently satisfied and discharged by the Company following the completed redemption of the 8.625% Notes.
Attachments
Original Link
Permalink
Disclaimer
StoneX Group Inc. published this content on
17 June 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
17 June 2024 20:12:18 UTC.
StoneX Group Inc. operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through digital platforms, end-to-end clearing and execution services, and high touch service. The Company's segments include commercial, institutional, retail and global payments. The Company offers its commercial clients an array of products and services, including risk management and hedging services, execution and clearing of exchange-traded and over-the-counter products. It provides institutional clients with a suite of equity trading services to help them find liquidity with execution, as well as prime brokerage in equities and various foreign currency pairs and swap transactions. The Company provides its retail clients around the world access to over 18,000 global financial markets. Its global payments business provides customized payment, technology and treasury services to banks, commercial businesses, charities and others.
STONEX GROUP INC. 
