Virtu FinancialNASDAQ: VIRT

Growth initiatives, like expanding into options, cryptocurrency, ETF block trading, IPO investing and others, position Virtu Financial (VIRT) well for long-term growth.

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NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq: VIRT) (“Virtu”) announced today that its subsidiaries, VFH Parent LLC (the “Issuer”) and Valor Co-Issuer, Inc. (collectively with the Issuer, the “Issuers”), priced their previously announced private offering of $500 million aggregate principal amount of their 7.50% senior first lien notes due 2031 (the “notes”) on June 11, 2024. In addition, on June 13, 2024, the Issuer allocated its new senior secured first lien credit facilities consisting of (i) a $1,245 million senior secured first lien term loan facility due 2031 and (ii) a $300 million senior secured first lien revolving credit facility available through 2027 (collectively, the “amended credit facilities”).

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq: VIRT) (“Virtu”) announced today that its subsidiaries, VFH Parent LLC (the “Issuer”) and Valor Co-Issuer, Inc. (the “Co-Issuer” and, together with the Issuer, the “Issuers”), intend to offer (the “Offering”) $500 million aggregate principal amount of senior first lien notes due 2031 (the “notes”) in an opportunistic private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be fully and unconditionally guaranteed on a senior secured first-lien basis by Virtu Financial LLC (“Virtu Financial”) and each of Virtu Financial's existing and future wholly owned domestic subsidiaries (other than the Issuers) that guarantee, or are borrowers under, the Issuer's senior secured first lien credit facilities. The Offering remains subject to market and other customary conditions. The Issuers intend to use the proceeds of the Offering to repay $500 million aggregate principal amount outstanding under the Issuer's existing senior secured first lien term loan facility (the “existing term loan facility”).

Virtu Financial CEO Doug Cifu and CNBC's Bob Pisani join 'ETF Edge' from the Piper Sandler Global Exchange Conference to discuss the volatility in the market, retail trading volumes, and AI's impact on trading.

PHILADELPHIA , May 30, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Virtu Financial, Inc. (NASDAQ: VIRT) ("Virtu") on behalf of the company's long-term shareholders. Since March 2022, shares of Virtu's common stock have declined in value from a trading price of over $35.00 per share to a current trading price of less than $23.00 per share, a decline of approximately 35% in value.

The Spot Bitcoin ETFs' launch is proving to be fruitful for Virtu Financial (VIRT) and it is likely to continue expanding its addressable market opportunity.

NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Virtu Financial Inc. (Nasdaq: VIRT) (the “Company”) announced today that it intends to hold one or more meetings with potential investors with respect to a potential opportunistic offering of senior secured first lien notes (the “notes”) in a transaction exempt from the registration requirements under the Securities Act of 1933 (the “Offering”), the proceeds of which are expected to be used to repay a portion of the outstanding borrowings under its senior secured first lien term loan facility due 2029. As a result, the Company's overall long-term debt would not be expected to materially change. There can be no assurance that the Company will proceed with the Offering at all or, if the Company elects to proceed with the Offering, the terms thereof.