StoneX Group Inc. Announces Pricing of $625.0 Million of Senior Secured Notes due 2032

Core Viewpoint - StoneX Group Inc. announced the pricing of a $625 million offering of 6.875% Senior Secured Notes due 2032, intended to fund the acquisition of R.J. O'Brien [1][2] Group 1: Offering Details - The offering consists of $625 million in aggregate principal amount of 6.875% Senior Secured Notes due 2032, to be issued by StoneX Escrow Issuer LLC [1] - The offering is targeted at qualified institutional buyers under Rule 144A and certain persons outside the U.S. under Regulation S [1] - The expected closing date for the offering is around July 8, 2025, subject to customary closing conditions [1] Group 2: Use of Proceeds - The gross proceeds from the offering will be deposited into a segregated escrow account until certain conditions are met [2] - Upon the closing of the proposed acquisition of R.J. O'Brien, the proceeds will be used to pay the purchase price and related fees, costs, and expenses [2] Group 3: Security and Guarantees - Until the completion of the Merger, the Notes will be secured only by a senior secured first priority lien on the Escrowed Proceeds [3] - After the Merger, the Notes will be fully guaranteed on a senior secured second lien basis by the Company's existing and future subsidiaries [3] - The Notes are expected to pay interest semi-annually at a rate of 6.875% per annum [3] Group 4: Company Overview - StoneX Group Inc. operates a global financial services network, connecting clients to the market ecosystem through digital platforms and execution services [7] - The company is headquartered in New York City, listed on the Nasdaq Global Select Market, and serves over 54,000 clients globally [7]