debt
confidence high
sentiment neutral
materiality 0.80
BGC Group prices $500M of 6.600% senior notes due 2029 for refinancing
BGC Group, Inc.
- Priced $500.0M aggregate principal of 6.600% senior unsecured notes due 2029 on June 3, 2024.
- Proceeds to repurchase or redeem $255.5M of BGC 3.750% Notes due 2024.
- Also to redeem $44.5M of BGC Partners 3.750% Notes due 2024.
- Any additional net proceeds will be used for general corporate purposes.