INTL FCStone Inc. (NASDAQ:INTL), the financial services organization delivering execution and advisory services in commodities, currencies and securities, has announced that on September 15, 2016, the company instructed The Bank of New York Mellon, as trustee under INTL FCStone’s Indenture dated as of July 22, 2013 for the company’s 8.5% Senior Notes to provide notice to the holders of the Senior Notes that INTL FCStone will redeem the aggregate outstanding $45.5 million principal amount of the Senior Notes in full.
Pursuant to the terms of the Indenture, INTL FCStone will redeem the outstanding Senior Notes at a price equal to 100% of the principal amount redeemed plus accrued and unpaid interest to, but not including, the redemption date. The redemption date is October 15, 2016.
The Notice was provided on September 15, 2016 to record holders of the Senior Notes by the trustee. Additional information concerning the terms and conditions of the redemption are described in the Notice distributed to holders of the Senior Notes. Beneficial holders with any questions about the redemption should contact their respective brokerage firm or financial institution.