StoneX starts cash offer to buy $100 million 8 5/8% notes due 2025

By Rebecca Melvin

Concord, N.H., May 25 – StoneX Group Inc. has commenced a cash offer to purchase up to $100 million principal amount of its 8 5/8% senior notes due 2025, according to an 8-K filed with the Securities and Exchange Commission.

The notes are being purchased for 103 plus accrued interest, if any, to the date of purchase price.

The offer, dated May 21, will remain open for 20 business days following its commencement.

The financial services organization, previously known as INTL FCStone, is based in New York.

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