01—Abstract
Summary
Summary of the 8-K filed June 26, 2026. Cited figures are marked; the original filing is the authoritative source.
Cboe Global Markets, Inc. (CBOE) has filed an 8-K report detailing an amendment and restatement of its credit facility agreement for Cboe Clear Europe N.V.
This action, effective June 26, 2026, primarily extends the facility's term to June 25, 2027, and importantly, maintains the aggregate commitment at Euro 1.2 billion, with an accordion increase option to Euro 1.7 billion. Cboe Global Markets, Inc. continues to serve as the guarantor for this facility.
02—Key points
Key Highlights
- Cboe Global Markets, Inc. (CBOE) has amended and restated its credit facility agreement for Cboe Clear Europe N.V.
- The amendment extends the facility's term until June 25, 2027.
- The aggregate commitment under the facility remains at Euro 1.2 billion.
- The facility retains an accordion increase option, allowing for aggregate commitments up to Euro 1.7 billion.
- Cboe Global Markets, Inc. acts as the guarantor for the Cboe Clear Europe credit facility.
- The amendment also incorporates updates to comply with new laws and regulations.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the entry into a material definitive agreement, specifically an amendment and restatement of the credit facility for Cboe Clear Europe N.V., where Cboe Global Markets, Inc. is the guarantor.
What are the key changes to the credit facility agreement?
The key changes include extending the term of the facility to June 25, 2027, and maintaining the aggregate commitment at Euro 1.2 billion, with the option to increase it to Euro 1.7 billion through an accordion feature. Certain provisions were also updated to comply with applicable laws and regulations.
What is the financial impact of this amendment on Cboe Global Markets, Inc.?
The amendment primarily extends the term and maintains the credit facility size, indicating stability in Cboe's access to funding for its European clearing operations. There is no immediate indication of increased debt or a change in financial obligations beyond the guaranteed amount.
Who are the parties involved in this amended credit facility?
The parties involved are Cboe Global Markets, Inc. as the guarantor, Cboe Clear Europe N.V. as the borrower, Bank of America Europe Designated Activity Company as the co-ordinator and facility agent, and Citibank N.A., London Branch as the security agent.
04—Continue