GAIN Capital Prices Convertible Senior Notes

GAIN Capital Prices Convertible Senior Notes

GAIN Capital Holdings on Thursday said it has priced an offering of $80 million aggregate principal amount of 5.00% convertible senior notes due 2022 in a private placement to qualified institutional buyers.The company also granted the buyers a 30-day option to purchase up to an additional $12 million aggregate principal amount of notes solely to cover over-allotments. Net proceeds will be approximately $77.4 million, or $89.0 million if the option […]

Read More ˃