{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-25-000440","form_type":"8-K","ticker":"VIRT","cik":"0001592386","company_name":"Virtu Financial, Inc.","filed_at":"2025-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.106423+00:00","generated_at":"2026-05-26T11:53:01.867849+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Virtu reprices $1.245B term loans via Amendment No. 2, establishes new B-2 tranche due 2031","bullets":["New $1,245M senior secured first lien term B-2 loans replace existing B-1 loans on February 19, 2025.","Interest rate options: term SOFR + 2.50% or prime rate + 1.50%, at Virtu's election.","New Term Loans mature June 21, 2031, with annual amortization of 1% of original principal.","Proceeds from New Term Loans used to fully repay the outstanding Existing Term Loans.","Amendment also modifies certain covenants and terms in the existing Credit Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-25-000440","json":"https://secwatch.observer/filing/0000950142-25-000440.json","markdown":"https://secwatch.observer/filing/0000950142-25-000440.md","text":"https://secwatch.observer/filing/0000950142-25-000440.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1592386/000095014225000440/0000950142-25-000440-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1592386/000095014225000440/eh250592910_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T11:53:01.867849+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"}