Subsidiaries of Virtu Financial, a provider of financial services technology, completed and priced a new $1.8 billion senior secured first lien term loan due in 2029. According to an 8K filed with the SEC, JPMorgan Chase Bank is the administrative agent for the term loan.
Virtu Financial, a global market maker, broker and provider of global financial services technology, commenced marketing of a $1.8 billion senior secured first lien term loan due in 2029.
Subsidiaries of Virtu Financial closed their previously announced incremental $525 million senior secured first lien term loan.
Virtu Financial closed its previously announced $1.15 billion term loan credit with JPMorgan as administrative agent.
Virtu Financial refinanced its term loan, resulting in an extended maturity and lower cost. J.P. Morgan was lead bookrunner and arranger in the transaction.