Nasdaq, Inc. announced the early results of its cash tender offers for outstanding debt securities.
The offers prioritize the purchase of 5.350% Senior Notes due 2028 and 3.950% Senior Notes due 2052.
The company increased the 2028 Notes Cap to $83,011,000 and the 2052 Notes Cap to $16,989,000.
Early Tender Results
All conditions were satisfied or waived, and the Company will make payments on December 17, 2025.
Continuation of Tender Offers
Tender offers expire on December 30, 2025, with possible extensions by the Company.
Prorated Basis Acceptance
Notes will be accepted on a prorated basis due to exceeding the applicable Series Notes Caps.
- The Total Consideration includes an early tender premium of $30.00 per $1,000 principal amount of Notes accepted for purchase.
- Holders of accepted Notes will receive accrued and unpaid interest on top of the Total Consideration.
Nasdaq, Inc.'s strategic tender offers reflect its proactive debt management and investor-friendly approach, setting a positive outlook for future financial activities.