Nasdaq said on February 24, 2025 that it announced early results of its cash tender offers for senior notes, raising the aggregate cap by $18,053,000 from the previously announced $200,000,000 to a maximum of $218,053,000 in principal amount.

1. 01

   Nasdaq said on February 24, 2025 that it announced early results of its cash tender offers for senior notes, raising the aggregate cap by $18,053,000 from the previously announced $200,000,000 to a maximum of $218,053,000 in principal amount.

2. 02

   The company said the tender offers cover up to $41,360,000 of its 5.350% senior notes due 2028, up to $57,583,000 of its 5.550% senior notes due 2034, and up to $119,110,000 of its 3.950% senior notes due 2052.

3. 03

   The company said that at the early tender date, holders had validly tendered $356,599,000 of the 2028 notes, $448,646,000 of the 2034 notes and $244,562,000 of the 2052 notes, and that it will accept them for purchase at proration factors of about 12%, 13% and 49%, respectively.

4. 04

   Nasdaq said the early settlement date will be February 27, 2025. It will pay an early tender premium of $30.00 per $1,000 of notes, plus accrued interest, and said it intends to fund the purchases with cash on hand and other sources of liquidity.

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Original filing

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