NASDAQ, INC. Files 8-K on Senior Notes
Ticker: NDAQ · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1120193
| Field | Detail |
|---|---|
| Company | Nasdaq, Inc. (NDAQ) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, notes
Related Tickers: NDAQ
TL;DR
NASDAQ just dropped an 8-K detailing its senior notes – check the debt maturities and rates!
AI Summary
On January 29, 2025, 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, and other notes with varying interest rates and maturity dates. These financial instruments are central to the company's capital structure and future obligations.
Why It Matters
This filing provides insight into NASDAQ's debt structure and upcoming financial obligations, which can impact its credit rating and investment profile.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of financial instruments and does not indicate any immediate operational or financial distress.
Key Numbers
- $450,000,000 — Senior Notes Due 2032 (A significant debt issuance by NASDAQ, Inc.)
- 0.900% — Senior Unsecured Notes Due 2033 (Interest rate and maturity for a specific debt instrument.)
- 0.875% — Senior Notes Due 2030 (Interest rate and maturity for a specific debt instrument.)
- 1.75% — Senior Notes Due 2029 (Interest rate and maturity for a specific debt instrument.)
Key Players & Entities
- NASDAQ, INC. (company) — Filer of the 8-K report
- FourPointFiveZeroZeroSeniorNotesDue2032 (dollar_amount) — Specific senior note issuance mentioned
- 2032 (date) — Maturity year for a senior note
- 2033 (date) — Maturity year for a senior note
- 2030 (date) — Maturity year for a senior note
- 2029 (date) — Maturity year for a senior note
FAQ
What is the total principal amount of all senior notes disclosed in this filing?
The filing explicitly mentions $450,000,000 in Senior Notes due 2032, but does not provide a total sum for all outstanding senior notes.
What are the specific interest rates for the Senior Notes due 2033, 2030, and 2029?
The filing indicates the Senior Unsecured Notes due 2033 have a 0.900% interest rate, the Senior Notes due 2030 have a 0.875% interest rate, and the Senior Notes due 2029 have a 1.75% interest rate.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on January 29, 2025.
What is the par value per share for NASDAQ, Inc.'s common stock?
The filing references 'CommonStock.01parvaluepershareMember' but does not explicitly state the dollar amount of the par value per share.
Does this filing indicate any new debt issuance or refinancing activities?
The filing lists existing senior notes with specific maturity dates and interest rates, suggesting a disclosure of current debt structure rather than announcing new debt activities.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 8.3 · Accepted 2025-01-29 07:12:10
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share NDAQ The Nasdaq
Filing Documents
- d927353d8k.htm (8-K) — 34KB
- d927353dex991.htm (EX-99.1) — 528KB
- d927353dex992.htm (EX-99.2) — 5KB
- g927353g46p94.jpg (GRAPHIC) — 5KB
- 0001193125-25-014912.txt ( ) — 795KB
- ndaq-20250129.xsd (EX-101.SCH) — 5KB
- ndaq-20250129_def.xml (EX-101.DEF) — 14KB
- ndaq-20250129_lab.xml (EX-101.LAB) — 24KB
- ndaq-20250129_pre.xml (EX-101.PRE) — 15KB
- d927353d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 99.1 Press release dated January 29, 2025 relating to financial results for the fourth quarter and full fiscal year of 2024. 99.2 Press release dated January 29, 2025 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. -2-
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: January 29, 2025 NASDAQ, INC. By: /s/ John A. Zecca Name: John A. Zecca Title: Executive Vice President and Chief Legal Officer -3-