Virtu, Dun & Bradstreet come to market; Hudson River, Addison Group, Power Stop on deck

By Sara Rosenberg

New York, Jan. 4 – In the primary market on Tuesday, Virtu Financial Inc. (VHF Parent LLC) and Dun & Bradstreet Holdings Inc. approached lenders with new term loan transactions.

Virtu Financial hosted a lender call at noon ET on Tuesday, launching a $1.8 billion seven-year senior secured covenant-lite first-lien term loan (Ba3/B+/BB-) talked at SOFR+CSA plus 300 basis points to 325 bps with a 0.5% floor and an original issue discount of 99.5, a market source said.

Dun & Bradstreet held a lender call at 2 p.m. ET on Tuesday to launch a $460 million seven-year incremental term loan B (B+/BB+) talked at SOFR plus 325 bps with a 25 bps step-down at B1/B+ corporate family ratings, a 0% floor, an original issue discount of 99 to 99.25 and 101 soft call protection for six months, a market source said.

Also, Hudson River Trading LLC, Addison Group and Power Stop LLC joined this week’s new issue calendar.

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