Cboe Global Markets Signs $400 Million Five-Year Revolving Credit Facility
On July 24, 2026, Cboe entered into a Third Amended and Restated Credit Agreement with Bank of America as administrative agent, providing a senior unsecured $400 million five-year revolving credit facility that matures July 24, 2031. The company may increase commitments by up to $200 million, to $600 million total, subject to lender agreement, and the facility replaces the prior agreement dated February 25, 2022.
Key points
- Facility size: $400 million senior unsecured revolving credit, with a $25 million swing line sub-facility
- Potential expansion: up to $200 million additional commitments, for a total of $600 million, subject to lender agreement
- Maturity: July 24, 2031, unless terminated earlier
- Financial covenants: minimum interest coverage ratio of 4.00 to 1.00 and maximum leverage ratio of 3.50 to 1.00, with step-ups to 4.25 and 4.00 under specified conditions
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.