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Published on 6/26/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Virtu Financial gives redemption notice for all 6¾% notes due 2022

New York, June 26 – Virtu Financial LLC, in connection with an announced issue of $525 million in new notes, has delivered a conditional notice of redemption for all of its 6¾% senior secured second-lien notes due 2022.

The redemption price is 103.375 plus interest up to, but not including, the redemption date of July 26.

The redemption is conditioned upon the completion of the new offering of $525 million of new notes by its subsidiaries, VFH Parent LLC and Orchestra Co-Issuer, Inc., according to a company press release.

Virtu is a New York-based technology-enabled market maker and liquidity provider to the financial markets.


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