I am what Many Dream to be but only a few can achieve, im a part of the 1%
-
FXCM still owes Leucadia $192.7 mln
FXCM Inc. (NYSE:FXCM), the leading US forex broker, still owes Leucadia National Corporation (NYSE: LUK) $192.7 million outstanding under the credit agreement from January 2015. According to the report for Q1 ending on March 31, 2016 Leucadia filed with the US Securities and Exchange Commission (SEC), in this period FXCM has repaid $7.7 million of principal, interest and fees. At the same time Leucadia has reduced $53.2 million from the fair value of their investment in FXCM and the cumulative gains remained at $438 million. Back in January 2015, Leucaida provided FXCM a $300 million senior secured term loan due ... (full story)