MF Global Holdings Ltd, a broker-dealer providing trading and hedging solutions, has announced the pricing of its public offering of USD325 million aggregate principal amount of 6.250% senior unsecured notes due 2016.
MF Global intends to use at least USD100 million of the net proceeds of this offering to repay a portion of its outstanding indebtedness under its USD1.2 billion revolving credit facility and to use the remainder for general corporate purposes. MF Global expects to close the transaction on or about 8 August, 2011, subject to the satisfaction of customary closing conditions.
Jefferies & Company, Inc is acting as sole book-running manager for the senior notes offering.
The offering of senior notes is being made pursuant to MF Global’s effective shelf registration statement filed with the Securities and Exchange Commission (the SEC).
