secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001193125-25-023569
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq launches tender offers for up to $200M of three note series; early tender deadline Feb 24
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- Offers to purchase up to $200M aggregate principal: $40M of 5.35% notes due 2028, $50M of 5.55% notes due 2034, $110M of 3.95% notes due 2052.
- Early tender premium of $30 per $1,000 principal for notes tendered by Feb 24, 2025 (5:00 PM NY time).
- Total consideration includes fixed spread over referenced UST yields; settlement expected March 14, 2025 (early settlement possible Feb 27).
- Funding from available cash and other liquidity; purpose is to reduce total outstanding public debt.
- No minimum tender condition; J.P. Morgan Securities LLC serves as dealer manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525023569/0001193125-25-023569-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525023569/d933579d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-023569

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