VIRTU FINANCIAL,INC. (NASDAQ:VIRT) Files An 8-K Other Events

VIRTU FINANCIAL,INC. (NASDAQ:VIRT) Files An 8-K Other Events
Item 9.01 OTHER EVENTS

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On November 29, 2017, Virtu Financial, Inc. (the “Company”) announced that it had notified its lenders of its intention to make a voluntary prepayment of $50.0 million to the terms of its senior secured first lien term loan facility (the “Term Loan Facility”). The Company announced that it had commenced marketing of a repricing transaction for the Term Loan Facility that reflects a principal amount of $650.0 million and assumes the application of estimated after-tax net proceeds of $250.0 million from the sale of its BondPoint business.

Cautionary Note Regarding Forward-Looking Statements

This report contains forward-looking statements. These forward-looking statements are subject to numerous uncertainties and factors relating to the Company’s operations and business environment, as well as uncertainties relating to the Company’s pending disposition of its Bondpoint business, the integration of KCG Holdings, Inc., synergy realization, and the Company’s ability to timely and successfully consummate the sale of the BondPoint business. Any forward-looking statements in this report are based upon information available to the Company on the date of this report. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the Company’s financial results may be found in the Company’s filings with the Securities and Exchange Commission.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

ExhibitNo.

Description

99.1

Press Release, dated November29, 2017.


Virtu Financial, Inc. Exhibit
EX-99.1 2 a17-27695_1ex99d1.htm EX-99.1 Exhibit 99.1     Virtu Financial Announces Additional $50 Million Repayment and Commences Marketing of Repricing Transaction   NEW YORK,…
To view the full exhibit click here

About VIRTU FINANCIAL,INC. (NASDAQ:VIRT)

Virtu Financial, Inc. is a holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets across the world. It is engaged in buying or selling a range of securities and other financial instruments and earning small bid/ask spreads across various transactions. It has a single, multi-asset, multi-currency technology platform through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on exchanges, markets and liquidity pools in various countries around the world. It makes markets in a range of different assets classes, such as Americas Equities; Europe, the Middle East and Africa (EMEA) Equities; Asia Pacific (APAC) Equities; Global Commodities; Global Currencies, and Options, Fixed Income and Other Securities. It makes markets for global banks, brokers and other intermediaries, and indirectly provides services to retail and institutional investors.

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