The British financial services firm is in the process of setting up a shelf offering for structured notes in the US following its recent IPO.
Marex Group is targeting mid-next year to complete its shelf registration with the US Securities and Exchange Commission (SEC) as it seeks to begin issuing structured notes onshore, according to two sources familiar with the matter. In its prospectus dated 24 April, the financial services platform specialising in commodities has identified opportunities including ‘the potential to issue structured products in the US’. If approved, Marex will join the current 17 issuers active in