secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2026-07-01T20:47:02+00:00
Accession:  0001193125-26-292723
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq enters into $1.5B amended revolving credit facility maturing 2031
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- New $1.5B senior unsecured five-year revolving credit facility, matures June 30, 2031.
- Option to increase commitments by up to $1.0B, subject to customary conditions.
- Leverage ratio covenant not greater than 3.75:1; can be increased to 4.50:1 for acquisitions.
- No loans outstanding under the facility as of July 1, 2026.
- Interest margins range from 87.5 to 150 bps for Benchmark loans based on debt ratings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312526292723/0001193125-26-292723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312526292723/d146997d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-292723

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