INTL FCStone Extends Credit Facility by $65m Until 2019
Posted: 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)