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DEBT (Tables)

12 Months Ended

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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