Virtu Prepays $100 Million of Term Loan

Source: Virtu Financial 2020-08-17

NEW YORK, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, announced today that it completed prepayments totaling $100 million in principal on its first lien senior secured term loan facility (“Term Loan”), which matures in March 2026.

The $100 million prepayment reduces the total balance of the Term Loan to $1.636 billion, bringing the total year to date prepayments to $288 million and cumulative prepayments since the Company’s acquisition of Investment Technology Group, Inc. in March 2019 to $388 million.

Virtu Financial

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Virtu Prepays $100 Million of Term Loan

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