INTL FCStone Extends Credit Facility by $65m Until 2019

Moderator: moderators
rank: 10000+ posts
rank: 10000+ posts
Posts: 10574
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

INTL FCStone Extends Credit Facility by $65m Until 2019

Postby » Tue Mar 22, 2016 9:08 pm

INTL FCStone, the US-headquartered global financial services group that is publicly listed on the Nasdaq under ticket INTL, today revealed an extension to its existing $140 million credit facility that will extend the maturity by another three years and increase it to $205 million, according to an official company press release.

Commenting on the news, INTL FCStone CEO Sean O’Connor said: “We are very pleased that we were able to increase the size of the credit facility by nearly 50% through increased support from our existing bankers and by expanding the bank group to include new relationships. This facility is an ... (read more)

Please add to your ad blocker white list.
Thank you for your support.

Return to “news”