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Prospect News home > News index > List of issuers B > Headlines for BGC Partners, Inc. > News item
Published on 10/25/2018 in the Prospect News Bank Loan Daily.

BGC Partners’ Newmark unit plans to repay term loan via new notes

By Marisa Wong

Morgantown, W.Va., Oct. 25 – Newmark Group, Inc. said it intends to repay debt and loans owed to and guaranteed by parent company BGC Partners, Inc., including its $134 million of bank term loan debt, using proceeds from an offering of senior notes.

The company announced on Thursday that it plans to launch an offering of senior notes, subject to market conditions.

BGC Partners is a financial services company based in New York.


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