---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-22-000327"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2022-01-13T23:59:59+00:00"
generated_at: "2026-06-27T18:14:29.828461+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Virtu Financial closes $1.8B senior secured term loan due 2029 to refinance and fund buybacks

## Summary
- Virtu priced $1.8B senior secured term loan due 2029 at SOFR+300bps, issued at 99.75% of par.
- Proceeds used to repay existing term loan, fund share repurchases, and general corporate purposes.
- Existing March 2019 credit agreement terminated; new $250M revolver facility also established.
- Debt guaranteed by Virtu Financial LLC and certain subsidiaries.

## SEC filing metadata
- accession: 0000950142-22-000327
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2022-01-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000095014222000327/0000950142-22-000327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000095014222000327/eh220216940_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-22-000327
- JSON: https://secwatch.observer/filing/0000950142-22-000327.json
- Plain text: https://secwatch.observer/filing/0000950142-22-000327.txt

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