04.10.2016 18:55:00
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VFH Parent LLC -- Moody's assigns first-time Ba3 rating to Virtu Financial with a positive outlook
New York, October 04, 2016 -- Moody's today assigned a Ba3 Corporate Family Rating to Virtu Financial Inc. (Virtu), and a Ba3 rating on the senior secured credit facility of Virtu's subsidiary, VFH Parent LLC (VFH). The outlook on the ratings is positive. Today's rating action follows the company's announced intention to refinance its existing loan via the issuance of a $540 million new term loan B due 2023.