---
schema_version: "secwatch.filing_event.v1"
accession: "0001592386-25-000139"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:52:51.244460+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Virtu Financial closes $300M incremental term loan, total term debt now $1.545B

## Summary
- Incremental Term B-2 Loans of $300M issued at par, bringing total Term B-2 balance to $1.545B.
- Loans bear interest at Term SOFR + 250 bps; maturity June 21, 2031.
- Proceeds will be used for general corporate purposes.
- Loans are senior secured first lien obligations guaranteed by Virtu Financial LLC and certain subs.

## SEC filing metadata
- accession: 0001592386-25-000139
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000159238625000139/0001592386-25-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000159238625000139/virt-20250923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001592386-25-000139
- JSON: https://secwatch.observer/filing/0001592386-25-000139.json
- Plain text: https://secwatch.observer/filing/0001592386-25-000139.txt

## Key facts
- Debt Financings
  Virtu Financial, Inc. incurred term loan of $300 million with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at term SOFR for the interest period in effect and (y) 0%, plus, in each case, 2.50 maturing June 21, 2031.
  - Instrument: term loan
  - Principal: $300 million
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and collateral agent
  - Rate: term SOFR for the interest period in effect and (y) 0%, plus, in each case, 2.50
  - Maturity: June 21, 2031
  - Event: incurrence
  source text: agent and collateral agent. Amendment No. 3 amends the Existing Credit Agreement to effect the issuance of incremental senior secured first lien term B-2 loans in the amount of $300 million (the “Incremental Term B-2 Loans”), the proceeds of which will be used for general corporate purposes, for a total term B-2 loan balance of $1,545 million (collectively, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592386/000159238625000139/0001592386-25-000139-index.htm

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