INTL FCStone subsidiary extends $140 million facility by three months

By Angela McDaniels

Tacoma, Wash., Feb. 1 - INTL FCStone Inc. subsidiary INTL Commodities, Inc. extended its $140 million credit facility to April 30, 2013 from Jan. 31, 2013, according to an 8-K filing with the Securities and Exchange Commission.

The extension was made on Tuesday. At the same time, INTL FCStone reaffirmed its guarantee of the facility.

The loan proceeds will continue to be used to finance INTL Commodities' activities and are secured by its assets.

BNP Paribas is the administrative agent.

Based in New York, INTL FCStone provides execution and advisory services in commodities, currencies and international securities.

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