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BGC Partners, 8.125% Senior Notes due 6/15/2042
Ticker Symbol: BGCA* CUSIP: 05541T408 Exchange: NYSE
* NOTE: This security is no longer trading as of 9/05/2018
Security has been Called for: Wednesday, September 5, 2018
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QUANTUMONLINE.COM SECURITY DESCRIPTION: BGC Partners, 8.125% Senior Notes due 2042, issued in $25 denominations, redeemable at the issuer's option on or after 6/26/2017 at $25 per share plus accrued and unpaid interest, and maturing 6/15/2042. Interest distributions of 8.125% per annum ($2.03125 per annum or $0.5078125 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date which will be 3/1, 6/1, 9/1 & 12/1 respectively (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are senior unsecured obligations of the company and will rank equally with all existing and future senior unsecured indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (BGCP)
IPO - 6/22/2012 - 4.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $103.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 499 Park Avenue, New York, NY 10022 |
| Main Phone Number |
212-610-2200 |
| Fax Number |
646-346-6919 |
| Investor Relations
Jason McGruder
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212-829-4988
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Toll Free Phone Number |
Unknown |
| CEO - Howard W. Lutnick |
CFO - Steven McMurray |
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