Flow Traders Secures New Credit Facility

Core Insights - Flow Traders Ltd. has secured a new $200 million private credit facility and a $75 million revolving credit facility to enhance its trading capital base [2][3] - The interest rate on the private credit facility is SOFR + 500 basis points, which can decrease to SOFR + 450 basis points if certain financial ratios are met [3] - The proceeds from these credit facilities will primarily be used for trading capital purposes, supporting the company's growth and diversification agenda [5] Company Overview - Flow Traders is a leading global trading firm that provides liquidity across multiple asset classes and major exchanges, with a focus on being a top ETF market maker [6] - The company has expanded its expertise from trading European equity ETPs into fixed income, commodities, digital assets, and foreign exchange globally [6] - Flow Traders aims to ensure market resilience and orderly functioning by providing liquidity, enabling investors to buy or sell financial instruments under various market conditions [6] Financial Partners - Benefit Street Partners and Stone Point Credit co-led the financing, emphasizing the importance of this capital raise for Flow Traders' strategy [4] - Benefit Street Partners manages $82 billion in assets globally, while Stone Point Credit oversees more than $11.5 billion in assets [8][9]