BGC Partners Prices Senior Notes
BGC Partners, Inc. (NASDAQ: BGCP) today announced that it has priced an underwritten public offering of $100 million of 8.125 percent Senior Notes ("Notes") due June 15, 2042.
The Company intends to use the proceeds of this offering to repay short-term borrowings under its unsecured revolving credit facility, and for general corporate purposes. The closing of the offering is scheduled for June 26, 2012.
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