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BRIEF-Virtu Financial to offer senior secured second lien notes
May 23, 2017 / 8:47 PM / 6 months ago

BRIEF-Virtu Financial to offer senior secured second lien notes

May 23 (Reuters) - Virtu Financial Inc

* Virtu financial, inc. Announces proposed senior secured second lien notes offering

* Virtu financial inc - its subsidiaries intend to offer $825.0 million aggregate principal amount of senior secured second lien notes due 2022

* Virtu financial - issuers intend to use gross proceeds from notes to pay merger consideration in connection with pending acquisition of kcg holdings

* Virtu financial inc - net proceeds of notes will be held in escrow until immediately prior to consummation of deal with kcg Source text for Eikon: Further company coverage:

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