BGC Partners extends $350 million revolver’s maturity date to 2021

By Wendy Van Sickle

Columbus, Ohio, Dec. 13 – BGC Partners, Inc. entered an amendment to its $350 million revolving credit agreement on Wednesday to extend its maturity date to Feb. 26, 2021 from Nov. 28, 2020, according to an 8-K filing with the Securities and Exchange Commission.

The other terms of the credit agreement remain substantially the same. At closing of the amendment, there was $28.9 million of borrowings outstanding, net of deferred financing costs of $1.1 million, under the credit facility.

Bank of America, NA is the administrative agent.

New York-based BGC is a financial services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.