---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-125059"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T03:57:46.703581+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BGC Group amends credit facility, extends maturity to April 2027, ups accordion to $475M

## Summary
- Second A&R Credit Agreement signed April 26, 2024; extends maturity of $375M revolver to April 26, 2027.
- Company can increase revolver to $475M (from $450M) subject to conditions.
- Borrowings bear interest at Term SOFR plus margin (initially 1.75%) or base rate plus margin (initially 0.75%).
- Financial covenants: minimum net worth, net excess capital, interest coverage, and max leverage ratio.
- Proceeds to be used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-24-125059
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000119312524125059/0001193125-24-125059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000119312524125059/d816054d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-125059
- JSON: https://secwatch.observer/filing/0001193125-24-125059.json
- Plain text: https://secwatch.observer/filing/0001193125-24-125059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.