KCG Holdings (KCG)

[madeindet]

Gee what a surprise Goldman Sachs one of the biggest owners of Knights CD Note....

.Investors hold $375 million of Knight convertible notes and can demand repayment if there’s a “fundamental change,” including a sale, according to a 10-K filing. The biggest owners of the notes are Goldman Sachs, Oaktree Capital Management, Invesco Ltd. and Citadel Advisors LLC, according to data compiled by Bloomberg. The bonds lost 16.125 cents to 67 cents on the dollar, sending the yield up to 20 percent.