March 23, 2018 / 8:18 PM / 3 months ago

BRIEF-BGC Partners Enters Unsecured Senior Credit Agreement

March 23 (Reuters) - BGC Partners Inc:

* BGC PARTNERS SAYS ON MARCH 19 CO ENTERED UNSECURED SENIOR CREDIT AGREEMENT - SEC FILING

* BGC PARTNERS - CREDIT AGREEMENT PROVIDES FOR EACH PARTY, CERTAIN UNITS TO ISSUE LOANS TO OTHER PARTY OR UNITS UP TO $250 MILLION OUTSTANDING AT ANY TIME​

* BGC PARTNERS INC - CREDIT AGREEMENT REPLACED PREVIOUSLY EXISTING BGC CREDIT AGREEMENT OF $150 MILLION BETWEEN PARTIES

* BGC - CREDIT AGREEMENT WILL MATURE ON EARLIER TO OCCUR OF MARCH 19, 2019 OR TERMINATION OF CREDIT AGREEMENT BY EITHER PARTY PURSUANT TO ITS TERMS​ Source text: (bit.ly/2G2lomk) Further company coverage:

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