Nasdaq OMX Group to redeem 4% notes due 2015 on June 18

By Marisa Wong

Madison, Wis., May 20 - Nasdaq OMX Group, Inc. issued a notice of redemption for all of its outstanding 4% senior notes due 2015 on Monday.

The notes will be redeemed on June 18 at a redemption price equal to the greater of par and the sum of the present values of the remaining scheduled payments of principal and interest, discounted to the redemption date on a semiannual basis at Treasuries plus 30 basis points, along with accrued interest.

Wells Fargo Bank, NA is the trustee.

As previously reported, the 4% notes will be redeemed using proceeds from an offer of new notes.

Nasdaq OMX is an exchange company based in New York.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.