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Stock impact report

Virtu Completes Previously Announced Term Loan Repricing

Virtu Financial, Inc. - Class A (VIRT) 
Last virtu financial, inc. - class a earnings: 2/11 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, March 02, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) (“Virtu” or the “Company”), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, today announced the completion of a repricing transaction of its $1.925 billion senior secured first lien term loan maturing in March 2026 (the “Term Loan”).   As previously announced, the repricing amendment reduces the interest rate on the Term Loan by 50 basis points to LIBOR + 300 basis points.  About Virtu Financial, Inc. Virtu is a leading financial services firm that leverages cutting-edge technology to provide execution services and data, analytics and connectivity products to its clients and deliver liquidity to the global markets. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, li Show less Read more
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