# Cboe Global Markets, Inc. (CBOE) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_2dcf013663b92b71726c · retrieved 2026-08-11T16:09:38.381Z

## Overview
Cboe Global Markets, Inc. operates securities and commodity exchanges, clearing houses, and related trading and settlement services.

Cboe Global Markets, Inc. entered into a Third Amended and Restated Credit Agreement on July 24, 2026, with Bank of America, N.A. as administrative agent and swing line lender, amending and restating its prior credit agreement dated February 25, 2022. The new facility provides a senior unsecured $400 million five-year revolving credit facility with a $25 million swing line sub-facility, maturing on July 24, 2031. The Company may increase commitments by up to $200 million (subject to lender agreement) for a total of $600 million. Loans bear interest at either the Relevant Rate (Term SOFR, SONIA, or EURIBOR depending on currency) plus a margin of 0.75% to 1.25% per annum, or a daily rate based on the Administrative Agent's prime rate plus a margin of 0% to 0.25% per annum. The facility includes customary representations, warranties, affirmative and negative covenants, and financial covenants requiring a minimum consolidated interest coverage ratio of 4.00 to 1.00 and a maximum consolidated leverage ratio of 3.50 to 1.00 (with step-up provisions to 4.25 to 1.00 and 4.00 to 1.00 on one occasion each).

## Terms
- Counterparty: Bank of America, N.A. · Deal value: $400.0M

## Key dates
- Announced 2026-07-28

## Timeline
- 2026-07-28 · 8-K (0001104659-26-087625): 8-K - Cboe Global Markets, Inc. — *Cboe Global Markets, Inc. operates securities and commodity exchanges, clearing houses, and related trading and settlement services.* Cboe Global Markets, Inc. entered into a Third Amended and Restated Credit Agreement on July 24, 2026, with Bank of America, N.A. as administrative agent and swing line lender, amending and restating its prior credit agreement dated February 25, 2022. The new facility provides a senior unsecured $400 million five-year revolving credit facility with a $25 million swing line sub-facility, maturing on July 24, 2031. The Company may increase commitments by up to $200 million (subject to lender agreement) for a total of $600 million. Loans bear interest at either the Relevant Rate (Term SOFR, SONIA, or EURIBOR depending on currency) plus a margin of 0.75% to 1.25% per annum, or a daily rate based on the Administrative Agent's prime rate plus a margin of 0% to 0.25% per annum. The facility includes customary representations, warranties, affirmative and negative covenants, and financial covenants requiring a minimum consolidated interest coverage ratio of 4.00 to 1.00 and a maximum consolidated leverage ratio of 3.50 to 1.00 (with step-up provisions to 4.25 to 1.00 and 4.00 to 1.00 on one occasion each).
  https://www.sec.gov/Archives/edgar/data/1374310/0001104659-26-087625.txt

## Citations
- 0001104659-26-087625 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926087625