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Skip Navigation LinksHome : Latest News : CBOE to fund exercise purchases with bank loan

CBOE to fund exercise purchases with bank loan

15 Mar 2004

Chicago Board Options Exchange (CBOE) said it was close to securing financing for its planned purchase of exercise rights from Chicago Board of Trade (CBoT) members, a move that could cost up to $100m.

CBOE officials said the exchange plans to fund the purchase through a traditional bank loan. They added that it plans...

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