KCG announces redemption of 6.875% senior secured notes due 2020


KCG Holdings, Inc. (NYSE: KCG) today announced that it will redeem all of its outstanding 6.875% Senior Secured Notes Due 2020 (ISIN No. US48244BAC46) (the “Notes”) on the business day immediately following the effective date of the Agreement and Plan of Merger, by and among Virtu Financial, Inc. (NASDAQ:VIRT), Orchestra Merger Sub, Inc. and the Company, dated as of April 20, 2017 (the “Redemption Date”).

On the Redemption Date, KCG will pay to the registered holders of the Notes a redemption price equal to 103.438% of the principal amount of the Notes, plus accrued and unpaid interest to, but not including, the Redemption Date. As of June 21, 2017, $465,000,000 aggregate principal amount of the Notes were outstanding.

In connection with the Merger, KCG intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A.

Investors and stockholders of KCG are urged to read all relevant documents filed with the SEC, because they will contain important information about the proposed merger.

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KCG announces redemption of 6.875% senior secured notes due 2020

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