Cboe Global Markets, Inc.

1 active facility, size not stated, next covenant test Sep 30, 2026. CBOE

Security & Commodity Brokers, Dealers, Exchanges & Services

Recent changes

Jul 28, 2026Cboe Global Markets, Inc. signs THIRD AMENDED AND RESTATED CREDIT AGREEMENT, matures Jul 2031 SEC ↗

Total leverage: when the limit steps, and which way the company's ratio has been moving.

3.91x2.13x0.35x

CovenantTestedHeadroomLimit now

Tested quarterly78.3%ratio 0.76x, estimated, vs 3.50x limit in force at Jun 30, 20263.50x

Permit the Consolidated Leverage Ratio, determined as of the end of any fiscal quarter of the Company, to be greater than 3.50 to 1.00; provided that the Consolidated Leverage Ratio may, at the request of the Company, be increased to 4.25 to 1.00 on one occasion and 4.00 to 1.00 on another occasion, in each case, from 3.50 to 1.00 for four consecutive fiscal quarters beginning with the first fiscal quarter in which a Qualified Acquisition is reflected in the Consolidated Leverage Ratio.

Read the filing on sec.gov ↗

Tested quarterly797.0%ratio 35.88x, estimated, vs 4.00x limit in force at Jun 30, 20264.00x

Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Company to be less than 4.00 to 1.00.

Read the filing on sec.gov ↗

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Signed Jul 24, 2026

Committed: n/a
Matures: Jul 2031
Agent: Bank of America, N.A.

Tranche	Size	Matures	Margin
Revolving credit facility	n/a	Jul 2031	75–125 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

Level	Condition	Margin	Unused fee
Level 1	>A +/ A1 or better	75 bps	8 bps
Level 2	A / A2	88 bps	9 bps
Level 3	A- / A3	100 bps	10 bps
Level 4	BBB+ / Baa1	113 bps	13 bps
Level 5	< BBB / Baa2	125 bps	18 bps

Lenders: BofA Securities, Inc., Bank of America, N.A., Agricultural Bank of China Limited, New York Branch, Bank of China Limited, Chicago Branch, Barclays Bank PLC, Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., Morgan Stanley Bank, N.A., The Toronto-Dominion Bank, New York Branch

No amendments on file yet.

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