FXCM repays $7.7 million to Leucadia in Q1 2016 LeapRate

May 05, 2016 BY Maria Nikolova

FXCM repays $7.7 million to Leucadia in Q1 2016

Leucadia National Corp. (NYSE:LUK), which extended a $300 million loan to FXCM Inc (NYSE:FXCM) in January 2015, following the “Black Thursday” events associated with the Swiss franc spike, has posted its report for the first quarter of 2016, with the document providing an update on the status of the loan repayment and Leucadia's investment in the…

February 25, 2016 BY Maria Nikolova

Leucadia paints rosy picture of FXCM prospects

Investment holding group Leucadia National Corp (NYSE:LUK) has recently been quite vocal when it comes to FXCM Inc (NYSE:FXCM), to which it extended a $300 million loan following the sharp Swiss franc spike on January 15, 2015. In its annual report for 2015, Leucadia confirmed it was in discussions with the Forex broker over restructuring the…

April 02, 2015 BY Andrew Saks-McLeod

FXCM pays $54 million off its loan from Leucadia

By repaying more than $60 million before April 16, 2015, FXCM has avoided a contingent financing fee of $30 million

Tag: fxcm loan