Gain Capital convertible note offering raised to $80 million LeapRate

November 27, 2013 BY Gerald Segal

Gain Capital convertible note offering raised to $80 million

Underwriters led by Jefferies exercise 'greenshoe' option Retail forex broker GAIN Capital (NYSE:GCAP) has reported yesterday that it after the increase of its convertible note offering last week, the initial purchasers have exercised their option to purchase additional $10 million of notes. With. Is action the total amount of notes sold aggregates $80 million, whilst the…

November 22, 2013 BY Gerald Segal

Gain Capital increases convertible note offering, raises $70 million

Funds to be used for debt repayment, share buybacks and potential strategic acquisitions Retail forex broker GAIN Capital (NYSE:GCAP) has just announced that it has successfully priced and increased the size of its convertible note offering to $70 million. The company also issued to the initial purchasers a 30-day option to purchase additional $10 million…

November 22, 2013 BY Gerald Segal

Plus500 up 17%, Gain Capital down 17% Thursday – WTF?

The stock market likes exceeding expectations. It does not like convertible bonds. Most of us in and connected to the forex industry understand that we are all together in one big boat. Rising industry volumes generally mean good times for (most) everyone, while slow volumes hurt (nearly) everyone. There are always the haves and have-nots,…

Tag: forex industry valuation