Workflow
Marex Group plc(MRX)
icon
Search documents
Marex announces departure of Roger Nagioff from the Group Board
Globenewswire· 2025-05-15 11:00
Before Marex's initial public offering (IPO) on Nasdaq in April 2024, private equity shareholders including JRJ Group held around 96% of Marex stock. Following the IPO and two successful secondary follow-on offerings, private equity owners now hold around 30% of Marex stock. LONDON, May 15, 2025 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, announces today that Roger Nagioff has stepped down from the Group Board. Roger represented private equity inves ...
Marex Group plc Announces Pricing of U.S.$500 Million Senior Notes Offering
GlobeNewswire News Room· 2025-05-02 12:15
Core Viewpoint - Marex Group plc has successfully priced a public offering of $500 million in Senior Notes with a 5.829% interest rate, due in 2028, which will enhance its funding sources and support business expansion [1][2]. Group 1: Offering Details - The public offering consists of $500 million aggregate principal amount of Senior Notes, priced at 100% of the principal amount [1]. - The expected closing date for the offering is around May 8, 2025, pending customary closing conditions [2]. - The net proceeds from the offering will be utilized for working capital, funding growth, and other general corporate purposes [2]. Group 2: Management Commentary - Ian Lowitt, CEO of Marex, highlighted that the successful debt issuance diversifies funding sources and strengthens liquidity, allowing the company to better support its clients [2]. Group 3: Underwriters - Barclays, Goldman Sachs & Co. LLC, and Jefferies are acting as joint book-runners for the offering [2]. Group 4: Regulatory Compliance - The offering is made under Marex's existing effective shelf registration statement filed with the U.S. SEC, and will be conducted via a preliminary prospectus supplement and accompanying base prospectus [3].
Fitch updates Marex's outlook to positive due to strong earnings and diversification of franchise
GlobeNewswire News Room· 2025-04-30 11:00
Core Viewpoint - Fitch Ratings has revised the outlook of Marex Group plc's Long-Term Issuer Default Rating (IDR) to positive from stable, affirming its Long-Term IDR at 'BBB-' [1][2] Group Performance - The positive outlook reflects Marex's strong and growing earnings across variable market conditions, as well as the expansion and diversification of its franchise through both organic growth and bolt-on acquisitions [2] - Marex has well-managed liquidity and maintains an adequate buffer over regulatory capital requirements [2] Leadership Commentary - Ian Lowitt, CEO of Marex, stated that the positive outlook from Fitch highlights the strength and scalability of Marex's diversified global platform and its 10-year track record of sequential growth through various market environments [3] - The company's risk control framework is central to its strategy, adapting to the expanding business [3] Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [4] - The Group offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a leading position in major metals, energy, and agricultural products [4] - Marex has access to 60 exchanges and serves a broad client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers, with over 2,400 employees across more than 40 offices worldwide [4]
Fitch updates Marex’s outlook to positive due to strong earnings and diversification of franchise
Globenewswire· 2025-04-30 11:00
Core Viewpoint - Fitch Ratings has revised the outlook of Marex Group plc's Long-Term Issuer Default Rating (IDR) to positive from stable, affirming its Long-Term IDR at 'BBB-' [1][2] Group Performance - The positive outlook reflects Marex's strong and growing earnings across variable market conditions, as well as its expansion and diversification through both organic growth and bolt-on acquisitions [2] - Marex has well-managed liquidity and maintains an adequate buffer over regulatory capital requirements [2] Leadership Commentary - Ian Lowitt, CEO of Marex, stated that the positive outlook from Fitch highlights the strength and scalability of Marex's diversified global platform and its 10-year track record of sequential growth through various market environments [3] - The company's risk control framework is central to its strategy, adapting to the expanding business [3] Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [4] - The Group offers a comprehensive range of services including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a leading position in major metals, energy, and agricultural products [4] - Marex has access to 60 exchanges and serves a broad client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers, with over 2,400 employees across more than 40 offices worldwide [4]
Marex Group Plc to Announce First Quarter 2025 Earnings on May 15, 2025
Newsfilter· 2025-04-24 11:00
Core Viewpoint - Marex Group plc is set to release its fiscal 2025 first quarter results on May 15, 2025, before market open, indicating a commitment to transparency and investor engagement [1] Company Overview - Marex Group plc (NASDAQ:MRX) operates as a diversified global financial services platform, providing essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [2] - The company offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [2] - Marex has access to 60 exchanges and serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [2] - The company employs over 2,400 staff across more than 40 offices worldwide, covering regions in Europe, Asia, and the Americas [2]
Marex Group plc Announces Pricing of the Public Offering
Globenewswire· 2025-04-17 09:45
Core Viewpoint - Marex Group plc has announced the pricing of a public offering of 10,283,802 ordinary shares at $35.50 per share, with an additional option for underwriters to purchase up to 1,542,570 shares [1][2]. Offering Details - The offering is being conducted by certain selling shareholders, and Marex itself is not selling any shares and will not receive any proceeds from the sale [2]. - The expected closing date for the offering is April 17, 2025, subject to customary closing conditions [2]. Underwriters - Goldman Sachs & Co. LLC, Barclays, and Jefferies are acting as lead book-running managers for the offering [3]. - Other bookrunners include UBS Investment Bank, Keefe, Bruyette & Woods, Piper Sandler & Co., TD Securities, and Berenberg [3]. Regulatory Compliance - A registration statement on Form F-1 has been filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective [3].
Marex Group plc Announces Launch of a Public Offering
Globenewswire· 2025-04-14 20:04
NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (“Marex”), the diversified global financial services platform, today announces the launch of a public offering of its ordinary shares (the "Offering”) by certain selling shareholders (the “Selling Shareholders”). The Selling Shareholders are offering a total of 8,500,000 ordinary shares. In connection with the Offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,275,000 or ...
Marex Completes Acquisition of Aarna Capital as it Expands in the Middle East
Globenewswire· 2025-04-02 20:05
Group 1 - Marex Group plc has completed the acquisition of Aarna Capital Limited, enhancing its operations in the Middle East and expanding its clearing business [1] - The acquisition aligns with Marex's strategy to broaden its client base, diversify operations, and increase earnings resilience [1] - Aarna Capital, based in Abu Dhabi, offers clearing, execution, and customized risk management solutions across various markets including energy, metals, and financial markets [2][4] Group 2 - Marex Group plc is a diversified global financial services platform providing liquidity, market access, and infrastructure services across energy, commodities, and financial markets [3] - The company operates with over 2,300 employees and has more than 40 offices worldwide, covering major commodity markets and serving a wide range of clients [3] - Aarna Capital provides access to a broad range of financial products including futures, options, FX, equities, and fixed income, leveraging a high-speed market infrastructure [4]
Marex Group plc provides preliminary Q1 results range and hosts Investor Day in New York
Globenewswire· 2025-04-02 11:05
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (‘Marex’), the diversified global financial services platform, provides a Q1 trading update at its Investor Day, being held today at the Nasdaq Marketsite in New York City. Marex reports a strong start to the year with positive momentum and supportive market conditions continuing through the first quarter of 2025. Client activity has remained strong across the platform with high levels of exchange volumes driven by volatility. Agency ...
Marex Group plc Provides Details for Upcoming Investor Day on April 2, 2025
Newsfilter· 2025-03-24 20:00
Core Insights - Marex Group plc is hosting an Investor Day on April 2, 2025, at the Nasdaq MarketSite in New York, featuring presentations from business heads and a Q&A session with senior leadership [1][2]. Company Overview - Marex Group plc (NASDAQ:MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [3]. - The company offers a comprehensive range of services including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [3]. - Marex has access to 60 exchanges and serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [3]. - The company is headquartered in London and operates over 40 offices worldwide, employing more than 2,300 staff across Europe, Asia, and the Americas [3].