Bgc partners, inc. completes offering of $300 million of 3.750% senior notes

Bgc partners, inc. announced the closing of its offering of $300 million aggregate principal amount of 3.750% senior notes on september 27, 2019. the notes are general senior unsecured obligations of bgc. the notes will pay interest semi-annually at a rate of 3.750% per annum, on each april 1 and october 1, beginning on april 1, 2020, and will mature on october 1, 2024. bgc intends to use the net proceeds for general corporate purposes, including to pay down unsecured senior revolving credit agreement indebtedness. the notes were offered and sold in a private offering exempt from the registration requirements under the securities act of 1933, as amended (the securities act). the notes have not been registered under the securities act or the securities laws of any other jurisdiction and may not be offered or sold in the united states absent registration or an applicable exemption from registration. this notice is issued pursuant to rule 135c under the securities act, and does not constitute an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
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