debt
confidence high
sentiment neutral
materiality 0.70
Nasdaq prices $4.25B USD and €750M senior notes offerings to fund Adenza acquisition
NASDAQ, INC.
- Priced $4.25B in USD notes: $500M at 5.650% due 2025, $1B at 5.350% due 2028, $1.25B at 5.550% due 2034, $750M at 5.950% due 2053, $750M at 6.100% due 2063.
- Priced €750M at 4.500% senior notes due 2032.
- Net proceeds will fund cash consideration for the pending Adenza acquisition, repay Adenza debt, and for general corporate purposes.
- Offerings expected to close June 28, 2023, subject to customary conditions.