INTL FCStone Extends Credit Facility by $65m and Until 2019
Posted: Tue Mar 22, 2016 9:08 pm
The US-headquartered global financial services group, INTL FCStone, that is publicly listed on the Nasdaq under ticket INTL, has today revealed an extension to its existing $140m credit facility that will extend the maturity by another three years and increase it to $205m, 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 important ... (read more)