NASDAQ OMX Prices $500 Million Senior Notes Offering

BY  | FROM GLOBE NEWSWIRE | 2014-05-21 15:11

  NEW YORK, May 19, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it priced a public offering of $500 million aggregate principal amount of 4.25% senior notes due 2024. The offering is expected to close on May 29, 2014, subject to customary closing conditions.

  NASDAQ OMX expects to use the aggregate net proceeds from the offering, along with cash on hand, to refinance its 4.00% Senior Notes due 2015 and to repay a portion of the term loan under its senior credit facility.

  J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as Joint Book-Running Managers for the offering.

  The offering is being made pursuant to NASDAQ OMX's effective shelf registration statement previously filed with the SEC and solely by means of a prospectus supplement and accompanying prospectus, which have been or will be filed with the SEC. Before investing, the prospectus supplement and accompanying prospectus should be read, as well as other documents the company has filed or will file with the SEC for a more complete understanding of NASDAQ OMX and the offering.


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