Knight Capital Apparently Saved in $400M Deal -CNBC

Knight Capital Group

has secured $400 million in financing from a group of investors that includes Jefferies

, General Atlantic, Blackstone Group

, TD Ameritrade

, Stephens and Stifel Nicolaus

, according to sources speaking to CNBC. The financing is in the form of a convertible preferred security that gives the buyers the right to buy Knight Capital shares at $1.50. Knight Capital closed at $4.05 on Friday. A spokesperson for Knight declined comment.