Press release
Nasdaq, Inc. Announces Cash Tender Offers for Up to $95 Million Aggregate Purchase Price of Outstanding Debt Securities
NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq” or the “Company”) today announced its offers to purchase for cash in the
About this update from Nasdaq, Inc.
[{"type":"text","content":"NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq” or the “Company”) today announced its offers to purchase for cash in the order of priority set forth in the table below (the “Acceptance Priority Levels”) up to an aggregate purchase price of $95,000,000 (excluding Accrued Interest (as defined below)) (the “Maximum Tender Payment”) for its outstanding Notes, subject to (i) a sub-cap of $80,000,000 in aggregate principal amount (the “2028 Notes Cap”) of the Company’s 5.350% Senior Notes due 2028 (the “2028 Notes”) and (ii) a sub-cap of $10,000,000 in aggregate principal amount (the “2052 Notes Cap”) of the Company’s 3.950% Senior Notes due 2052 (the “2052 Notes”). The 2028 Notes and the 2052 Notes are referred to collectively herein as the “Notes,” such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer,” and the 2028 Notes Cap and the 2052 Notes Cap are referred to collectively herein as the “Series Notes Caps” and each a “Series Notes Cap.” Title of SecuritySecurity IdentifiersPrincipal Amount OutstandingAcceptance Priority Level(1)Series Notes Cap(1)Early Tender Premium(2)(3)U.S. Treasury Reference Security(4)Fixed Spread(basis points)2028 Tender Offer5.350% Senior Notes due 2028CUSIP: 63111X AH4ISIN:US63111XAH44$880,000,0001$80,000,000$30.003.500% UST due November 15, 202835 bps2052 Tender Offer3.950% Senior Notes due 2052CUSIP: 631103 AM0ISIN:US631103AM02$429,995,0002$10,000,000$30.004.750% UST due August 15, 205575 bps (1) The Tender Offers are subject to the Maximum Tender Payment of $95,000,000 and the applicable Series Notes Caps.(2) Per $1,000 principal amount of Notes validly tendered on or prior to the Early Tender Date (as defined below) and accepted for purchase by the Company.(3) Does not include Accrued Interest, which will also be payable as described below.(4) The applicable page on Bloomberg from which the dealer manager will quote the bid side price of the U.S. Treasury Security is FIT1. The Tender Offers are being made upon the terms and subject to conditions described in the Offer to Purchase, dated December 1, 2025 (as it may be amended or supplemented from time to time, the “Offer to Purchase”), which sets forth a detailed description of the Tender Offers. Notes validly tendered prior to or at the Early Tender Date will be a...