Nasdaq, Inc. announced cash tender offers for up to $95 million aggregate purchase price of outstanding debt securities.
The offers include a sub-cap of $80 million for the 2028 Notes and $10 million for the 2052 Notes.
The tender offers will expire on December 30, 2025, unless earlier terminated.
Maximum Tender Payment
$95 million aggregate purchase price for outstanding Notes.
Series Notes Caps
Sub-caps of $80 million for 2028 Notes and $10 million for 2052 Notes.
Early Tender Premium
Additional consideration for validly tendered Notes before the Early Tender Date.
- Investors have the opportunity to receive cash for their Notes before the Early Tender Date to secure the Total Consideration.
- The offers are subject to Maximum Tender Payment, Series Notes Caps, and Acceptance Priority Levels.
Nasdaq's cash tender offers provide an opportunity for Note holders to receive additional consideration for early participation. The terms and conditions set by Nasdaq aim to manage the total purchase price effectively.