# Virtu Financial, Inc. (VIRT) — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_f3d333ad21873e426fa0 · retrieved 2026-08-11T15:53:22.528Z

## Overview
Virtu Financial, Inc. is a financial services company engaged in electronic trading and market-making activities; it operates through various subsidiaries including Virtu Financial Operating LLC and Virtu ITG Holdings LLC.

Virtu Financial LLC and VFH Parent LLC entered into Amendment No. 4 to their credit agreement on July 23, 2026, adding $500 million in incremental senior secured first lien term B-2 loans. The new loans will be used for general corporate purposes and bring the total term B-2 loan balance to $2,029.55 million. The incremental loans bear interest at either (i) the greatest of the prime rate, federal funds effective rate plus 0.50%, or term SOFR plus 1.0%, plus 1.50%, or (ii) term SOFR plus 2.50%, and will mature on June 21, 2031, with annual amortization of approximately 1.0% of the principal amount.

## Terms
- Counterparty: JPMorgan Chase Bank, N.A. · Deal value: $500.0M · Consideration: cash

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0000950142-26-002156): 8-K - Virtu Financial, Inc. — *Virtu Financial, Inc. is a financial services company engaged in electronic trading and market-making activities; it operates through various subsidiaries including Virtu Financial Operating LLC and Virtu ITG Holdings LLC.* Virtu Financial LLC and VFH Parent LLC entered into Amendment No. 4 to their credit agreement on July 23, 2026, adding $500 million in incremental senior secured first lien term B-2 loans. The new loans will be used for general corporate purposes and bring the total term B-2 loan balance to $2,029.55 million. The incremental loans bear interest at either (i) the greatest of the prime rate, federal funds effective rate plus 0.50%, or term SOFR plus 1.0%, plus 1.50%, or (ii) term SOFR plus 2.50%, and will mature on June 21, 2031, with annual amortization of approximately 1.0% of the principal amount.
  https://www.sec.gov/Archives/edgar/data/1592386/0000950142-26-002156.txt

## Citations
- 0000950142-26-002156 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000095014226002156