cash - FinTecBuzz

StoneX Executes First Bitcoin Cash-Settled Swap

May 18, 20224 min

StoneX Markets LLC (the “Company”), a subsidiary of StoneX Group Inc. (“StoneX”), a leading provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, today announced that it successfully executed and settled its first cash-settled BTC/USD swap. The counterparty to the trade was one of StoneX’s institutional FX clients, Liquidity Solutions Global, the London-based subsidiary of DriveWealth Holdings and a liquidity provider to multiple cryptocurrency venues. The Company’s institutional FX division made USD cash-settled...

by PRNewswire

Direct Lending

Realogy Continues Deleveraging with Term Loan Repayments

September 20, 20213 min

Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services in the United States, today announced that it has repaid an aggregate of $435 million of outstanding borrowings under its term loan facilities as of September 16, 2021. The debt repayment was funded with cash on hand. The repayments satisfy in full the $197 million principal amount of outstanding borrowings under its non-extended Term Loan A facility due February 2023 and the $238 million principal amount of outstanding borrowings under...