Moody's assigns Baa1 ratings to CBOE Holdings, Inc.'s $1 billion term loan and $650 million senior notes
New York, March 01, 2017-- Moody's Investors Service has assigned Baa1 ratings to CBOE Holdings, Inc.' s $1.0 billion term loan credit agreement and $650 million 3.65% senior notes due 2027. Moody's said these rating actions resulted from the completion of CBOE's acquisition of Bats Global Markets, Inc.. Moody's said CBOE borrowed $1.65 billion to fund the cash portion of the $3.4 billion Bats acquisition and to refinance Bats' existing debt, with a small balance being retained to...
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