Nasdaq OMX plans to issue $370 million of notes

By Andrea Heisinger

New York, Dec. 16 - Nasdaq OMX Group Inc. is planning to price $370 million of notes (Baa3/BBB), according to a market source and a 424B5 filing with the Securities and Exchange Commission.

A market source away from the deal said that he had not seen the deal price and added that it was "probably Friday's business."

J.P. Morgan Securities LLC is the bookrunner. Co-managers were Bank of America Merrill Lynch and Wells Fargo Securities LLC.

Proceeds are going to fund a stock repurchase and to pay fees and expenses associated with that purchase.

The global exchange group is based in New York City.

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