StoneX Group Inc. has entered into a significant financial agreement through its subsidiary, StoneX Escrow Issuer LLC, with The Bank of New York Mellon. On July 8, 2025, the parties signed an Indenture for the issuance and sale of $625 million in aggregate principal amount of 6.875% Senior Secured Notes due 2032. This strategic move is linked to StoneX's proposed acquisition of RTS Investor Corp. The proceeds from this issuance will be held in escrow until certain release conditions are met, with the merger set to integrate StoneX Escrow Issuer LLC into StoneX Group Inc. by the Escrow End Date of October 20, 2025. The Indenture imposes several covenants on StoneX, including limitations on asset transfers, dividend payments, incurring additional debt, and more, subject to various conditions and exceptions.
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