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ICAP Says Bondholders Consent To Sale of Voice Broking Arm to Tullett

29th Mar 2016 12:09

LONDON (Alliance News) - ICAP PLC on Tuesday said that bondholders have approved the planned sale of its hybrid voice broking and information business to Tullett Prebon PLC.

In a statement, ICAP said holders of the GBP125.0 million 5.50% guaranteed notes due July 2018 and the holders of the EUR350.0 million 3.125% notes due March 2019 gave their consent to the move.

Shares in ICAP were down 0.4% at 460.50 pence on Tuesday.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.


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