v3.26.1
Credit Facilities
 9 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Credit Facilities Credit Facilities
Committed Credit Facilities
The Company and its subsidiaries have committed credit facilities under which they may borrow up to $1,760.0 million, subject to the terms and conditions of these facilities. The amounts outstanding under these credit facilities carry variable rates of interest, thus approximating fair value. The committed credit facilities generally have covenant requirements that relate to various leverage, debt to net worth, fixed charge, tangible net worth, excess net capital, or profitability measures. The Company and its subsidiaries were in compliance with all relevant covenants as of June 30, 2026.
Uncommitted Credit Facilities
The Company has access to certain uncommitted financing agreements that support its ordinary course securities and commodities inventories. The agreements are subject to certain borrowing terms and conditions.
Subordinated Credit Facility
On June 1, 2026, the Company’s subsidiary, StoneX Financial Inc., established a subordinated credit facility which allows it to borrow up to $155.0 million. This facility replaced the R.J. O’Brien & Associates, LLC subordinated credit facility which allowed for borrowings of up to $180.0 million, which was terminated upon establishment of the StoneX Financial Inc. subordinated credit facility. As of June 30, 2026, one outstanding borrowing tranche matures on June 1, 2027, which is due to be repaid one year from borrowing date. The facility matures on June 1, 2028, at which point no further draws can be made. The subordinated credit facility complies with the applicable regulatory requirements, and the borrowings are available for computing net capital under the CFTC’s net capital rule for StoneX Financial Inc.
Note Payable to Bank
The Company had a note payable to a commercial bank related to the financing of certain equipment which secured the note. The note matured on December 1, 2025 and was fully paid off, with final payment of $6.3 million.
Senior Secured Notes
On March 1, 2024, the Company issued $550.0 million in aggregate principal amount of its 7.875% Notes due 2031 at the offering price of 100% of the aggregate principal amount. The Notes due 2031 are fully and unconditionally guaranteed, jointly and severally, on a senior secured second lien basis by each of the Company’s existing and future subsidiaries that guarantee indebtedness under the Company’s senior secured revolving credit facility and certain other senior indebtedness. Interest related to these notes is payable twice annually, in arrears. The Company incurred debt issuance costs of $7.7 million, which are being amortized over the term of the Notes due 2031 under the effective interest method.
On July 8, 2025, the Company issued $625.0 million in aggregate principal amount of its 6.875% Notes due 2032, in connection with the acquisition of R.J. O’Brien, at the offering price of 100% of the aggregate principal amount. The Notes due 2032 are fully and unconditionally guaranteed, jointly and severally, on a senior secured second lien basis by each of the Company’s existing and future subsidiaries that guarantee indebtedness under the Company’s senior secured revolving credit facility and certain other senior indebtedness. Interest related to these notes is payable twice annually, in arrears. The Company incurred debt issuance costs of $10.5 million, which are being amortized over the term of the Notes due 2032 under the effective interest method.
The following table sets forth a listing of credit facilities, the current committed amounts as of the report date on the facilities, and amounts outstanding (in millions, except for percentages):
(in millions)Amounts Outstanding
BorrowerSecurity Renewal/Expiration DateTotal CommitmentJune 30, 2026September 30,
2025
Committed Credit Facilities
Senior StoneX Group Inc. Committed Credit Facility - Revolving Line of Credit(1)June 3, 2029$850.0 $190.0 (5)$317.0 
StoneX Financial Inc. Subordinated Credit FacilityNoneJune 1, 2028155.0 60.0 (5)— 
R.J. O'Brien & Associates, LLC Subordinated Credit FacilityNoneN/A— — (5)110.8 
StoneX Financial Inc. NoneOctober 27, 2026325.0 75.0 (5)— 
StoneX Commodity Solutions LLCCertain assetsJuly 29, 2027200.0 (6)126.0 (5)104.0 
Right Company LLCCertain assetsOctober 1, 202615.0 7.0 (5)— 
StoneX Financial Ltd. NoneOctober 6, 2026200.0 30.0 (5)90.0 
StoneX Financial Pte. Ltd.NoneSeptember 4, 202615.0 — (5)— 
$1,760.0 $488.0 $621.8 
Uncommitted Credit FacilitiesVariousVarious172.7 (5)153.9 
Note Payable to BankCertain equipmentDecember 1, 2025— (5)6.3 
Senior Secured Notes due 2031(2)March 1, 2031(3)544.9 (3),(4)544.1 
Senior Secured Notes due 2032(2)July 15, 2032616.0 (3),(4)614.9 
Total outstanding borrowings$1,821.6 $1,941.0 
(1) The StoneX Group Inc. senior committed credit facility is a revolving facility secured by substantially all of the assets of StoneX Group Inc. and certain subsidiaries identified in the credit facility agreement as obligors, and pledged equity of certain subsidiaries identified in the credit facility as limited guarantors.
(2) The Notes and the related guarantees are secured by liens on substantially all of the Company’s and the guarantors’ assets, subject to certain customary and other exceptions and permitted liens. The liens on the assets that secure the Notes and the related guarantees are contractually subordinated to the liens on the assets that secure the Company’s and the guarantors’ existing and future first lien secured indebtedness, including indebtedness under the Company’s senior committed credit facility.
(3) Amounts outstanding under the Notes due 2031 are reported net of unamortized deferred financing costs of $5.0 million and $5.9 million, in the respective periods presented. Amounts outstanding under the Notes due 2032 are reported net of unamortized deferred financing costs of $9.0 million and $10.1 million, in the respective periods presented.
(4) Included in Senior secured borrowings, net on the Condensed Consolidated Balance Sheets.
(5) Included in Payables to Lenders under loans on the Condensed Consolidated Balance Sheets.
(6) The aggregate revolving facility total is $325.0 million, consisting of $200.0 million of committed and $125.0 million of uncommitted amounts.
As reflected above, certain of the Company’s committed credit facilities are scheduled to expire during the next twelve months following the quarterly period ended June 30, 2026. The Company intends to renew or replace these facilities as they expire, and based on the Company’s liquidity position and capital structure, the Company believes it will be able to do so.