---
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"
generated_at: "2026-05-26T11:53:01.867849+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Virtu reprices $1.245B term loans via Amendment No. 2, establishes new B-2 tranche due 2031

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-000440
- JSON: https://secwatch.observer/filing/0000950142-25-000440.json
- Plain text: https://secwatch.observer/filing/0000950142-25-000440.txt

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