Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, today announced the refinancing of the company’s outstanding $656 million of term loans and $100 million revolving credit facility (collectively, the “Existing Credit Agreement”) withv $650 million of new seven-year term loans and a new $100 million three-year revolving credit facility. The company will record a pretax charge of $18 million in the second quarter incurred as a result of a loss on the early extinguishment of the amount outstanding under the Existing Credit Agreement.
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