Item 8.01. Other Events.
On May 12, 2009, GLG Partners, Inc. (the "Company") issued two press releases related to the Company's offering of convertible subordinated notes due 2014 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), in offshore transactions pursuant to Regulation S under the Securities Act and to accredited investors in transactions exempt from registration under the Securities Act. The Notes will bear interest at a rate of 5.00% per year and will rank junior in right of payment to all of the Company's existing and future senior indebtedness. The sale of the Notes is expected to close on May 15, 2009, subject to effectiveness of the amendment to the credit agreement, closing of the loan repurchases and other customary closing conditions.
A copy of the Company's two press releases both dated May 12, 2009 are filed herewith as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference.
The securities offered have not been registered under the Securities Act of 1933, as amended, or applicable state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.

99.1 First Press Release of the Company dated May 12, 2009.

99.2 Second Press Release of the Company dated May 12, 2009.

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