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 21, 2013 BY Gerald Segal

Gain Capital plays catch-up with FXCM, raising $65 million in convertible notes offering

The forex arms race is officially on, as leading forex brokers gear up for increased capital requirements and industry consolidation. The ink was barely dry on FXCM's agreement with its banks to increase its credit facility by nearly $100 million to $250 million, and now comes word that rival retail forex broker Gain Capital is…

Tag: Gain Capital raises money