Nasdaq Files 8-K on Senior Notes
Ticker: NDAQ · Form: 8-K · Filed: Oct 24, 2024 · CIK: 1120193
| Field | Detail |
|---|---|
| Company | Nasdaq, Inc. (NDAQ) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-financing, senior-notes, financial-disclosure
Related Tickers: NDAQ
TL;DR
Nasdaq dropped an 8-K detailing its massive senior note issuances across multiple maturities.
AI Summary
On October 24, 2024, NASDAQ, INC. filed an 8-K report detailing significant financial events. The filing references several senior notes, including $450,000,000 in Senior Notes due 2032, $900,000,000 in Senior Unsecured Notes due 2033, $875,000,000 in Senior Notes due 2030, and $1,750,000,000 in Senior Notes due 2029. These disclosures are related to the company's ongoing financial operations and capital structure.
Why It Matters
This filing provides insight into Nasdaq's debt structure and its ongoing financing activities, which can impact its financial flexibility and investment profile.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of existing financial instruments and does not indicate new or unexpected risks.
Key Numbers
- $450.0B — Senior Notes due 2032 (Part of Nasdaq's debt financing)
- $900.0B — Senior Unsecured Notes due 2033 (Part of Nasdaq's debt financing)
- $875.0B — Senior Notes due 2030 (Part of Nasdaq's debt financing)
- $1.75B — Senior Notes due 2029 (Part of Nasdaq's debt financing)
Key Players & Entities
- NASDAQ, INC. (company) — Filer
- 0001120193 (company) — Central Index Key
- $450,000,000 (dollar_amount) — Senior Notes due 2032
- $900,000,000 (dollar_amount) — Senior Unsecured Notes due 2033
- $875,000,000 (dollar_amount) — Senior Notes due 2030
- $1,750,000,000 (dollar_amount) — Senior Notes due 2029
FAQ
What is the purpose of filing this 8-K report?
The 8-K report is filed to disclose information regarding the company's financial condition and operations, specifically referencing various senior notes.
What are the principal amounts and maturity dates of the senior notes mentioned?
The filing mentions $450,000,000 in Senior Notes due 2032, $900,000,000 in Senior Unsecured Notes due 2033, $875,000,000 in Senior Notes due 2030, and $1,750,000,000 in Senior Notes due 2029.
What is Nasdaq, Inc.'s Central Index Key (CIK)?
Nasdaq, Inc.'s Central Index Key is 0001120193.
What is the SIC code for Nasdaq, Inc.?
The Standard Industrial Classification (SIC) code for Nasdaq, Inc. is 6200, which falls under SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES.
When was the company formerly known as NASDAQ OMX GROUP, INC.?
The company's name changed from NASDAQ OMX GROUP, INC. on February 27, 2008.
Filing Stats: 670 words · 3 min read · ~2 pages · Grade level 8.3 · Accepted 2024-10-24 07:13:30
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share NDAQ The Nasdaq
Filing Documents
- d846576d8k.htm (8-K) — 35KB
- d846576dex991.htm (EX-99.1) — 432KB
- d846576dex992.htm (EX-99.2) — 6KB
- g846576g1022082143969.jpg (GRAPHIC) — 3KB
- 0001193125-24-242283.txt ( ) — 693KB
- ndaq-20241024.xsd (EX-101.SCH) — 5KB
- ndaq-20241024_def.xml (EX-101.DEF) — 14KB
- ndaq-20241024_lab.xml (EX-101.LAB) — 24KB
- ndaq-20241024_pre.xml (EX-101.PRE) — 15KB
- d846576d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 99.1 Press release dated October 24, 2024 relating to financial results for the third quarter of 2024. 99.2 Press release dated October 24, 2024 relating to the declaration of a quarterly cash dividend. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. The information set forth under "Item 2.02 Results of Operations and Financial Condition" and "Item 7.01 Regulation FD Disclosure" is intended to be furnished pursuant to Item 2.02 and Item 7.01, respectively. Such information, including Exhibit 99.1, shall not be deemed "filed" for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference into any of Nasdaq's filings under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 24, 2024 NASDAQ, INC. By: /s/ John A. Zecca Name: John A. Zecca Title: Executive Vice President and Chief Legal Officer