---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-158371"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:14:04.073742+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BGC closes $500M 6.600% senior notes due 2029, net ~$495.3M, to refinance $300M of 3.750% 2024 notes

## Summary
- Net proceeds of $495.3M after discounts & expenses; used to repurchase/repay $255.5M BGC 3.750% notes and $44.5M BGC Partners 3.750% notes.
- Notes mature June 10, 2029; interest at 6.600% payable semi-annually starting Dec 10, 2024; unsecured, no financial covenants.
- Third Amendment to Cantor Credit Agreement permits up to $400M of FICC-GSD Margin Loans at ~5.14% rate, maturity ≤35 days.
- Clearing Agreement Amendments align margin posting rate with Cantor's third-party credit facility cost.
- Registration rights agreement requires exchange offer within 365 days or potential shelf registration.

## SEC filing metadata
- accession: 0001193125-24-158371
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000119312524158371/0001193125-24-158371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000119312524158371/d715293d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-158371
- JSON: https://secwatch.observer/filing/0001193125-24-158371.json
- Plain text: https://secwatch.observer/filing/0001193125-24-158371.txt

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