09:19 AM EDT, 08/27/2025 (MT Newswires) -- BGC Group ( BGC ) launched Wednesday an offer to exchange up to $700 million of its outstanding 6.150% senior notes due 2030 for an equivalent amount of its registered 6.150% senior notes due 2030.
The company said the old notes were issued and sold in a private offering in April.
The exchange offer, set to expire on Sept. 25 unless extended, does not represent a new funding transaction but is intended to satisfy a registration rights agreement related to the issuance of the old notes, the company said.