secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001193125-25-035244
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq increases debt tender cap to $218M, accepts all tendered notes across three series
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- Aggregate cap raised from $200M to $218,053,000; total purchase price ~$197M plus accrued interest.
- Accepted $41.36M of 5.350% 2028 notes (12% proration), $57.58M of 5.550% 2034 notes (13%), $119.11M of 3.950% 2052 notes (49%).
- Early tender premium of $30 per $1,000 included; Total Consideration per $1,000: 2028: $1,023.63, 2034: $1,035.58, 2052: $794.48.
- Early settlement on Feb 27, 2025; funded with available cash; all accepted notes will be retired and canceled.
- Oversubscribed on early date; no further notes will be accepted after Early Tender Date; withdrawal rights expired.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525035244/0001193125-25-035244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525035244/d924235d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-035244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer