Marex Group (MRX) said Friday that it priced a public offering of $500 million of its 5.680% senior notes due 2031 at 100% of their principal amount.
Marex said it plans to use the net proceeds of the offering, which is expected to close Tuesday, for working capital, funding incremental growth, and for general corporate purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.