December 05, 2013 BY Gerald Segal
KCG repays $100M loan, but a further $235M is due July 2014
Will KCG sell more assets and/or businesses, or will it settle debts with cash on hand? KCG Holdings -- the company resulting from the merger of Knight Capital and Getco -- formally announced today it had repaid $100 million of its credit facility, mainly using the net proceeds from its $80 million sale of reverse mortgage…
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