BGC Partners announces launch of exchange offer for its 5.125% Senior Notes due 2021

Brokerage company BGC Partners, Inc. (NASDAQ: BGCP) has announced an offer to exchange up to $285 million aggregate principal amount of its outstanding 5.125% Senior Notes due 2021 (the Old Notes) for an equivalent amount of its 5.125% Senior Notes due 2021 registered under the Securities Act of 1933, as amended (the Exchange Notes).

$300 million in aggregate principal amount of the Old Notes were issued and sold by BGC in May 2016, in a private offering.

The exchange offer will expire at 5:00 P.M., New York City time, on October 12, 2016, unless extended. Tenders of Old Notes must be made before the exchange offer expires and may be withdrawn any time prior to the expiration of the exchange offer. The exchange offer is being made to satisfy BGC ‘s obligations under a registration rights agreement entered into in connection with the issuance of the Old Notes, and does not represent a new financing transaction.

The terms of the exchange offer are set forth in a prospectus dated September 14, 2016. Copies of the prospectus and the other exchange offer documents may be obtained from the exchange agent:

U.S. Bank, National Association
Corporate Trust Services
60 Livingston Avenue
St. Paul, MN 55107
Attention: Specialized Finance
Telephone: (800) 934-6802

BGC ‘s affiliate, Cantor Fitzgerald Securities (CFS), holds $15 million aggregate principal amount of the $300 million aggregate principal amount of outstanding Old Notes. CFS will not participate in the exchange offer. After the completion of the exchange offer, the Company intends to file a shelf registration statement to enable CFS to resell such Old Notes pursuant to such registration statement.

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