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

NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. ((the "Company" or "StoneX", NASDAQ:SNEX), today announced the pricing of a previously announced offering of $625.0 million in aggregate principal amount of 6.875% Senior Secured Notes due 2032 (the "Notes") to be issued by its wholly-owned subsidiary, StoneX Escrow Issuer LLC. The Notes and the related Note guarantees are being offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain persons outside the United States pursuant to Regulation S under the Securities Act. The offering is expected to close on or about July 8, 2025, subject to customary closing conditions.

StoneX Escrow Issuer LLC, which was created solely to issue the Notes in connection with the Merger (as defined below), will deposit the gross proceeds of the offering into a segregated escrow account (the "Escrowed Proceeds") until the date that certain escrow release conditions are satisfied. Upon the closing of the Company's proposed acquisition (the "Merger") of R.J. O'Brien ("RJO"), StoneX Escrow Issuer LLC will merge with and into the Company, and the Escrowed Proceeds will be released. The Company will thereupon assume the obligations under the Notes. Upon the closing of the Merger and release of the Escrowed Proceeds, the Company intends to use the proceeds from the offering together with cash on hand to pay the purchase price and related fees, costs, premiums and expenses in connection with Merger.

Until the completion of the Merger, the Notes will not be guaranteed and will be secured only by a senior secured first priority lien on the Escrowed Proceeds. Upon the closing of the Merger, the Notes will be fully and unconditionally guaranteed, jointly and severally, on a senior secured second lien basis by each of the Company's existing and future subsidiaries that guarantees ...