Cboe Global Markets signs new USD 400 million revolving credit facility, replacing 2022 deal - CBOE News | RalliesCboe Global Markets signs new USD 400 million revolving credit facility, replacing 2022 deal
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CBOE• New revolving credit facility
- Cboe Global Markets entered a third amended and restated revolving credit agreement on July 24, 2026, replacing its 2022 facility.
- Senior unsecured 5-year revolver set at USD 400 million, including a USD 25 million swingline; maturity July 24, 2031.
- Accordion feature allows commitments to rise by up to USD 200 million to USD 600 million, subject to lender approval.
- Pricing tied to Term SOFR, SONIA, or EURIBOR with rating-based margins of 0.75%-1.25%; prime-rate option carries a 1% floor.
- Financial covenants include minimum interest coverage of 4.00x, maximum leverage of 3.50x, with temporary step-ups to 4.25x or 4.00x.
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