{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-000723","form_type":"8-K","ticker":"VIRT","cik":"0001592386","company_name":"Virtu Financial, Inc.","filed_at":"2022-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.252909+00:00","generated_at":"2026-06-27T20:59:26.651595+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Virtu Financial announces $1.8B term loan due 2029 to refinance debt, fund buybacks","bullets":["Virtu commenced marketing a $1.8B senior secured first lien term loan due 2029, replacing existing $1.6B loan due 2026.","Proceeds will refinance existing term loan, fund share repurchases, and for general corporate purposes.","New $250M revolving credit facility due 2025 committed, replacing existing $50M revolver.","LTM adjusted EBITDA of $1.317B as of Sep 30, 2021; pro forma total leverage 1.4x, net leverage 0.9x.","Commitments due from lenders by January 11, 2022 at 5pm NYT."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-000723","json":"https://secwatch.observer/filing/0001104659-22-000723.json","markdown":"https://secwatch.observer/filing/0001104659-22-000723.md","text":"https://secwatch.observer/filing/0001104659-22-000723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1592386/000110465922000723/0001104659-22-000723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1592386/000110465922000723/tm221381d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T20:59:26.651595+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"}