Nasdaq to refinance 1.75% notes due 2023 with new deal proceeds

New York, July 27 – Nasdaq, Inc. plans to refinance its 1.75% senior notes due 2023 using proceeds from an offering of new euro-denominated senior notes, according to a news release.

The new notes will be sold from the company’s shelf registration via bookrunners Morgan Stanley & Co. International plc, Merrill Lynch International, J.P. Morgan Securities plc, Goldman Sachs & Co. LLC and Skandinaviska Enskilda Banken AB (publ).

Existing cash balances will also be used to help fund the refinancing, the company said.

The issuer currently has €600 million of the 1.75% notes outstanding, according to its most recent 10-Q quarterly report filed with the Securities and Exchange Commission.

Nasdaq is a New York-based technology company serving the capital markets and other industries with data, analytics, software and services.

© 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.