Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CME GROUP INC. incurred revolving credit of $7 billion (which is eligible to be increased to $10 billion) with Bank of America, N.A., in its capacity as administrative agent, Citibank, N.A., in its capacity as collateral agent and collateral monitoring agent, and the banks party thereto.
- Instrument
- revolving credit
- Principal
- $7 billion (which is eligible to be increased to $10 billion)
- Counterparty
- Bank of America, N.A., in its capacity as administrative agent, Citibank, N.A., in its capacity as collateral agent and collateral monitoring agent, and the banks party thereto
- Event
- incurrence
Exact text from the filing
The Amended Credit Facility is for a multi-currency revolving secured credit facility of $7 billion (which is eligible to be increased to $10 billion) and is intended to provide temporary liquidity to CME in the event of a clearing member default, a liquidity constraint or depositary default, or in the event of a delay in the payment systems utilized by CME.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CME GROUP INC. amended Amendment with Bank of America, N.A. (effective 2023-04-26).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A.
- Effective
- 2023-04-26
Exact text from the filing
On April 26, 2023, Chicago Mercantile Exchange Inc. (“CME”), a wholly owned subsidiary of CME Group Inc., entered into an amendment (the “Amendment”) to its 364-day multi-currency credit facility (the “Existing Credit Facility”) with Bank of America, N.A., in its capacity as administrative agent, Citibank, N.A., in its capacity as collateral agent and collateral monitoring agent, and the banks party thereto.
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