---
schema_version: "secwatch.filing_event.v1"
accession: "0000883237-21-000233"
form_type: "8-K"
ticker: "VRTS"
cik: "0000883237"
company_name: "VIRTUS INVESTMENT PARTNERS, INC."
filed_at: "2021-10-04T23:59:59+00:00"
generated_at: "2026-06-28T23:40:33.389950+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Virtus closes $275M term loan and $175M revolver, lowers borrowing costs

## Summary
- New $275M term loan matures in 2028 at LIBOR+225bps, no floor (prior had 75bps floor).
- New $175M revolving credit facility matures in 2026, replacing $100M facility.
- Proceeds used to repay existing $194M term loan and for general corporate purposes.
- CFO states refinancing lowers cost of capital, extends debt maturity profile.

## SEC filing metadata
- accession: 0000883237-21-000233
- form_type: 8-K
- ticker: VRTS
- cik: 0000883237
- company_name: VIRTUS INVESTMENT PARTNERS, INC.
- filed_at: 2021-10-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883237/000088323721000233/0000883237-21-000233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883237/000088323721000233/vrts-20210928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000883237-21-000233
- JSON: https://secwatch.observer/filing/0000883237-21-000233.json
- Plain text: https://secwatch.observer/filing/0000883237-21-000233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.