CBOE · 10-Q · 2026Q3 · Full report
Interest Rate and Refinancing Exposure
Cboe Global Markets, Inc. · 2026-10-30 · Importance 66 · Surprise 48 · In source text
As of September 30, 2026, Cboe had $1,444.3 million of total debt, including $650.0 million of 3.650% Senior Notes maturing in January 2027. The Cboe Clear Europe Credit Facility is expected to terminate within the next year, and the company says it may not be able to replace the facility or refinance or repay the notes on commercially reasonable terms, or at all. The company also reported $400.0 million available under its Revolving Credit Facility, with the possibility of borrowing an additional $200.0 million subject to lender agreement.
Key facts
- Cboe's 3.650% Senior Notes mature in January 2027, and Cboe may not be able to repay or refinance the amount borrowed on commercially reasonable terms or at all if it elects to do so. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | contingent | — | Cboe's 3.650% Senior Notes mature in January 2027, and Cboe may not be able to repay or refinance the amount borrowed on commercially… |