KCG sets roadshow for $500 million five-year secured notes offering via Jefferies

By Paul A. Harris

Portland, Ore., March 2 – KCG Holdings, Inc. will market a $500 million offering of five-year senior secured notes on a roadshow set to run through the early part of the March 9 week, according to an informed source.

A group lunch is scheduled to take place on Wednesday in New York.

Jefferies LLC is the bookrunner for the Rule 144A and Regulation S for life offering.

The notes become callable after two years at par plus 50% of the coupon.

The Jersey City, N.J.-based financial services firm plans to use the proceeds to refinance debt and for general corporate purposes.

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