Hudson River to launch $100 million term loan B on Wednesday

By Sara Rosenberg

New York, Jan. 4 – Hudson River Trading LLC is scheduled to hold a lender call at 9 a.m. ET on Wednesday to launch a fungible $100 million incremental first-lien term loan B and an amendment to its existing credit facility, according to a market source.

Goldman Sachs Bank USA, BofA Securities Inc. and JPMorgan Chase Bank are the bookrunners on the deal.

Proceeds will be used for general corporate purposes, including additional trading capital.

Hudson River Trading is a New York-based electronic market maker and liquidity provider.

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