Convertibles Calendar: BGC Partners to price $125 million

JULY 25

BGC PARTNERS INC. (Nasdaq: BGCP): $125 million of five-year senior notes; after the market close Monday; talked to yield 4.25%-4.75%, up 17.5%-22.5%; Rule 144A deal; $18.75 million greenshoe; joint bookrunners Bank of America Merrill Lynch, CantorFitzgerald & Co., and Deutsche Bank Securities LLC; non-callable for life; net share settlement; standard change of control; dividend protection; concurrent convertible note hedge transaction; New York-based inter-dealer broker specializing in over-the-counter and related derivative products.

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