Following on from our note yesterday stating ICAP and ICAP $1bn deal concerning the voice broking and information business of inter-dealer broker Tullett Prebon's is in its final stages, earlier this month ICAP said the bondholders had approved the sale. 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. The agreement includes ICAP 's associated technology and broking platforms, namely iSwap and Fusion , and certain joint ventures of ICAP 's and its associates.
Following on from our note yesterday stating ICAP and ICAP $1bn deal concerning the voice broking and information business of inter-dealer broker Tullett Prebon's is in its final stages, earlier this month ICAP said the bondholders had approved the sale. The agreement includes ICAP 's associated technology and broking platforms, namely iSwap and Fusion , and certain joint ventures of ICAP 's and its associates.