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DEBT (Tables) | 12 Months Ended
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Dec. 31, 2022
DEBT |
Schedule of debt | The Company’s debt consisted of the following as of December 31, 2022 and 2021 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2022 |  | December 31, 2021 |
Term Loan Agreement due December 2023, floating rate | ​ | $ | 304.7 | ​ | $ | 159.5 | ​
$650 million fixed rate Senior Notes due January 2027, stated rate of 3.650% | ​ |  | 647.3 | ​ |  | 646.5 | ​
$500 million fixed rate Senior Notes due December 2030, stated rate of 1.625% | ​ | ​ | 494.0 | ​ | ​ | 493.3 | ​
$300 million fixed rate Senior Notes due March 2032, stated rate of 3.000% | ​ | ​ | 296.0 | ​ | ​ | — | ​
Revolving Credit Agreement | ​ | ​ | — | ​ | ​ | — | ​
Cboe Clear Europe Credit Facility | ​ | ​ | — | ​ | ​ | — | ​
Total debt | ​ | $ | 1,742.0 | ​ | $ | 1,299.3 | ​
​
Schedule of maturities of long-term debt | The future expected loan repayments related to the Term Loan Agreement and the Senior Notes as of December 31, 2022 are as follows (in millions):
​ | ​ | ​
2023 | $ | 305.0
2024 | ​ | —
2025 | ​ | —
2026 | ​ | —
Thereafter | ​ | 1,450.0
Principal amounts repayable | ​ | 1,755.0
Debt issuance costs | ​ | (7.0)
Unamortized discounts on notes | ​ | (6.0)
Total debt outstanding | $ | 1,742.0
​
Schedule of interest expense |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Year Ended |  | Year Ended |  | Year Ended |
​ | ​ | December 31, | ​ | December 31, | ​ | December 31, |
​ |  | 2022 |  | 2021 |  | 2020 |
Components of interest expense: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contractual interest | ​ | $ | 57.6 | ​ | $ | 45.7 | ​ | $ | 35.3 | ​
Amortization of debt discount and issuance costs | ​ |  | 2.4 | ​ |  | 2.3 | ​ |  | 3.4 | ​
Interest expense | ​ | $ | 60.0 | ​ | $ | 48.0 | ​ | $ | 38.7 | ​
Interest income | ​ | ​ | (3.6) | ​ | ​ | (0.6) | ​ | ​ | (1.1) | ​
Interest expense, net | ​ | $ | 56.4 | ​ | $ | 47.4 | ​ | $ | 37.6 | ​

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