We advised StoneX on the high-yield notes offering

Davis Polk advised StoneX Group Inc. in connection with a Rule 144A / Regulation S offering of $625 million aggregate principal amount of 6.875% senior secured notes due 2032 by its wholly owned subsidiary StoneX Escrow Issuer LLC. Upon satisfaction of certain escrow conditions, the proceeds of the notes will be used by StoneX Group Inc. to fund the acquisition of R.J. O’Brien.

StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep expertise.

The Davis Polk capital markets team included partner Daniel P. Gibbons, counsel Michael Stromquist and associates Walker Halstad and Kristiana J. Olson. The finance team included partner Scott M. Herrig and associates Kendra L. Sandidge and Elena Smalline. Partner Corey M. Goodman and associates Ted Lee and Carter Ballentine Allison provided tax advice. All members of the Davis Polk team are based in the New York office.

Copy link to share post