tiprankstipranks
Advertisement
Advertisement

StoneX Group Refinances Debt with Senior Secured Notes Sale

StoneX Group Refinances Debt with Senior Secured Notes Sale

Claim 30% Off TipRanks

StoneX Group (SNEX) has issued an announcement.

StoneX Group Inc. recently raised $550 million through the sale of 7.875% Senior Secured Notes maturing in 2031. These funds were partly used to fully redeem their existing 8.625% Senior Secured Notes due in 2025, including all accrued interest, by the redemption date of June 15, 2024. This action effectively settled and discharged the obligations under the 8.625% Notes Indenture.

See more data about SNEX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1