{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-001619","form_type":"8-K","ticker":"VIRT","cik":"0001592386","company_name":"Virtu Financial, Inc.","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.130564+00:00","generated_at":"2026-06-01T04:19:43.245044+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Virtu prices $500M notes at 7.50% and new $1.245B term loan, expects $2M annual interest savings","bullets":["$500M of 7.50% senior first lien notes due 2031 priced on June 11, 2024.","New $1.245B term loan at SOFR+2.75% (down from prior +3.00%) and $300M revolver allocated June 13.","Proceeds used to repay existing term loan due 2029; no material increase in total debt.","Cash interest expense savings of approximately $2 million per annum expected.","Transactions expected to close on or about June 21, 2024, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-001619","json":"https://secwatch.observer/filing/0000950142-24-001619.json","markdown":"https://secwatch.observer/filing/0000950142-24-001619.md","text":"https://secwatch.observer/filing/0000950142-24-001619.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1592386/000095014224001619/0000950142-24-001619-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1592386/000095014224001619/eh240494285_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:19:43.245044+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}