CBOE Holdings to price $300 million sale of two-year fixed-rate notes

By Devika Patel

Knoxville, Tenn., June 26 – CBOE Holdings Inc. plans to sell $300 million of dollar-denominated fixed-rate senior notes due 2019, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

Wells Fargo Securities LLC and Morgan Stanley & Co. LLC are the bookrunners. Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the co-managers.

Proceeds will be used to repay outstanding borrowings under the company’s term loan facility and to invest in short-term marketable securities.

Chicago’s CBOE Holdings is the holding company for Chicago Board Options Exchange, Inc., CBOE Futures Exchange, LLC, C2 Options Exchange, Inc. and other subsidiaries.

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