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DEBT (Tables)

12 Months Ended

Dec. 31, 2023

DEBT

Schedule of debt

The Company’s debt consisted of the following as of December 31, 2023 and 2022 (in millions):

​	​	​	​	​	​	​	​
​		December 31, 2023			December 31, 2022
Term Loan Agreement due December 2023, floating rate	​	$	—	​	$	304.7	​
$650 million fixed rate Senior Notes due January 2027, stated rate of 3.650%	​		647.9	​		647.3	​
$500 million fixed rate Senior Notes due December 2030, stated rate of 1.625%	​	​	494.8	​	​	494.0	​
$300 million fixed rate Senior Notes due March 2032, stated rate of 3.000%	​	​	296.5	​	​	296.0	​
Revolving Credit Agreement	​	​	—	​	​	—	​
Cboe Clear Europe Credit Facility	​	​	—	​	​	—	​
Total debt	​	$	1,439.2	​	$	1,742.0	​

Schedule of future expected repayments related to Senior Notes

The future expected repayments related to the Senior Notes as of December 31, 2023 are as follows (in millions):

​	​	​
2024	$	—
2025	​	—
2026	​	—
2027	​	650.0
Thereafter	​	800.0
Principal amounts repayable	​	1,450.0
Debt issuance costs	​	(5.9)
Unamortized discounts on notes	​	(4.9)
Total debt outstanding	$	1,439.2

Schedule of interest expense, net

Components of interest expense, net recognized in the consolidated statements of income for the years ended December 31, 2023, 2022 and 2021 are as follows (in millions):

​	​	​	​	​	​	​	​	​	​	​
​		Year Ended			Year Ended			Year Ended
​	​	December 31,		​	December 31,		​	December 31,
​		2023			2022			2021
Components of interest expense:	​	​	​	​	​	​	​	​	​	​
Contractual interest	​	$	59.8	​	$	57.6	​	$	45.7	​
Amortization of debt discount and issuance costs	​		2.6	​		2.4	​		2.3	​
Interest expense	​	$	62.4	​	$	60.0	​	$	48.0	​
Interest income	​	​	(12.0)	​	​	(3.6)	​	​	(0.6)	​
Interest expense, net	​	$	50.4	​	$	56.4	​	$	47.4	​

​

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