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Nasdaq Raises Cap on Notes Tender Offer to $218.1 Million
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Nasdaq Raises Cap on Notes Tender Offer to $218.1 Million
Feb 25, 2025 12:55 PM

03:40 PM EST, 02/25/2025 (MT Newswires) -- Nasdaq (NDAQ) Tuesday afternoon said it was increasing the size of its offer to buy back outstanding senior debt by nearly $18.1 million to $218.1 million from its prior $200 million cap.

The stock exchange intends to repurchase up to $41.4 million of 5.35% notes due 2028, paying a $23.63 premium for each $1,000; up to $57.6 million of 5.55% notes due 2034, at a $35.58 premium for each $1,000 of notes; and up to $119.1 million of 3.95% notes due 2052, paying $794.48 for each $1,000.

The tender withdrawal window expired late Monday afternoon, but the offer is running through March 11.

Price: 79.69, Change: -0.25, Percent Change: -0.31

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