BGC Group, Inc. (Nasdaq: BGC) today announced an offer for an exchange of up to $ 700 million totaling 6,150% of the highest notes due to 2030 for an equivalent amount of 6,150% of the upper notes due to 2030 recorded under the law of 1933.
$ 700.0 million in total of old notes were issued and sold by the company in April 2025 on a private bid.
The exchange offer will end at 5:00 pm, New York Time, September 25, 2025, unless extended. Old notes offers must be made before the exchange offer is obtained and may be withdrawn at any time before the expiry of the exchange offer. The exchange offer is made to satisfy the company’s obligations under a registration agreement concluded in relation to the issuance of old notes and does not represent a new funding transaction.
The terms of the exchange offer are on display in an informational newsletter dated August 27, 2025.