StoneX amends, extends upsized $475 million credit facility

By William Gullotti

Buffalo, N.Y., April 27 – StoneX Group Inc. amended, extended and upsized its credit agreement by $74 million to finance its working capital needs, according to a press release on Wednesday.

The amended $475 million revolver matures in April 2025.

Bank of America, Inc., Bank of Montreal and Capital One, NA are the joint lead arrangers for the amended facility.

The previous $401 million secured credit facility comprised a $236 million revolver and a $165 million term loan A facility and was due to mature Aug. 22.

The financial services organization, previously known as INTL FCStone, is based in New York.

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