Cboe amends Cboe Clear Europe credit facility
Cboe Global Markets, Inc. entered into an Amendment and Restatement Agreement to update the existing Cboe Clear Europe N.V. credit facility.
Rhea-AI Filing Summary
Cboe Global Markets, Inc. entered into an Amendment and Restatement Agreement to update the existing Cboe Clear Europe N.V. credit facility. The agreement is dated June 23, 2026 and will be effective as of June 26, 2026, with Cboe acting as guarantor and Cboe Clear Europe as borrower.
The arrangement continues Cboe’s obligations under the facility, which has been amended several times since its original July 1, 2020 date. The 8-K notes that certain lenders and their affiliates also provide other financial services to Cboe and its subsidiaries and may be customers or trading participants on Cboe markets.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 1.01, 2.03, 9.01
3 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
A&R Agreement date: June 23, 2026
A&R Agreement effective date: June 26, 2026
Original Facility Agreement date: July 1, 2020
3 metrics
A&R Agreement date
June 23, 2026
Date of Amendment and Restatement Agreement
A&R Agreement effective date
June 26, 2026
Effective date of amended Facility Agreement
Original Facility Agreement date
July 1, 2020
Original Cboe Clear Europe credit facility
Key Terms
Amendment and Restatement Agreement, Facility Agreement, material definitive agreement, off-balance sheet arrangement, +1 more
5 terms
Amendment and Restatement Agreement financial
"entered into an Amendment and Restatement Agreement (the “A&R Agreement”)"
Facility Agreement financial
"relating to a Facility Agreement originally dated July 1, 2020"
material definitive agreement regulatory
"Item 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
off-balance sheet arrangement financial
"OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT."
An off-balance sheet arrangement is a financial commitment or asset that a company keeps out of its main financial statements so it does not show up as a direct asset or liability. Think of it like renting equipment or using a separate storage locker instead of putting the item in your home: the economic effects exist, but they aren’t listed on the company’s primary balance sheet. Investors care because these arrangements can hide risks, obligations or sources of cash flow that affect a company’s true financial strength and future performance.
guarantor financial
"Cboe Global Markets, Inc. (the “Company”), as guarantor, entered into"
FAQ
What did Cboe Global Markets (CBOE) disclose in this 8-K filing?
Cboe Global Markets disclosed an amended credit facility. The company entered into an Amendment and Restatement Agreement to update the Cboe Clear Europe credit facility, continuing its role as guarantor under a long-standing lending arrangement originally dated July 1, 2020.
Who are the main parties to Cboe’s amended Cboe Clear Europe credit facility?
The agreement involves several key financial institutions. Cboe Clear Europe N.V. is the borrower, Cboe Global Markets, Inc. is the guarantor, Bank of America Europe DAC acts as co-ordinator and facility agent, and Citibank N.A., London Branch serves as security agent.
When does Cboe’s amended Cboe Clear Europe credit facility become effective?
The amended facility takes effect on June 26, 2026. The Amendment and Restatement Agreement itself is dated June 23, 2026, but its terms are specified to become effective three days later, continuing Cboe’s obligations under the Facility Agreement.
How long has Cboe’s Cboe Clear Europe credit facility been in place?
The facility dates back to July 1, 2020. It has been amended and restated multiple times, including prior agreements dated July 1, 2021, June 30, 2022, June 29, 2023, June 25, 2024, June 24, 2025, and now June 23, 2026.
Do Cboe’s lenders under this facility have other relationships with the company?
Yes, several lenders and affiliates have broader relationships. They have provided or may provide investment banking, underwriting, trust, advisory, or commercial services to Cboe and its subsidiaries, and some are also customers or trading participants on Cboe markets.
What items of the 8-K does Cboe’s amended facility relate to?
The disclosure primarily relates to Items 1.01 and 2.03. It is described as a material definitive agreement and is also referenced as creating a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
