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BGC Group Extends Exchange Offer for Senior Notes Due 2030

BY MT Newswires | CORPORATE | 09/26/25 08:42 AM EDT

08:42 AM EDT, 09/26/2025 (MT Newswires) -- BGC Group (BGC) said Friday it extended its offer to exchange up to $700 million of 6.15% senior notes due 2030 to Oct. 3 from the previous expiration date of Sept. 25.

The notes, issued and sold by the company in April in a private offering, will be exchanged for an equal amount of registered 6.15% senior notes due 2030 under the exchange offer, BGC said.

About $699.8 million or 99.9% of the outstanding old notes was tendered in the exchange offer as of Sept. 25, the company said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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