IG Group Holdings has announced χ 600 million ($ 802.1 million) in debt refinancing to support its growth ambitions. The online trading company said it was issuing 300 300m bonds maturing in 2028, and committed to a new 300 300m recycling credit facility, which could rise to 400 400m. The refinancing includes the repayment and […]
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Britain’s IG Group Snaps Up U.S. Brokerage Tastytrade For $1 Billion
IG Group is set to acquire the fast-growing derivatives trading platform tastytrade for $1 billion. The consideration will be paid through a combination of cash and equity. The transaction will expand IG’s presence in the US while providing a global platform to tastytrade.