Nasdaq Files 8-K on Senior Notes

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

From the Filing

0001193125-24-242283.txt : 20241024 0001193125-24-242283.hdr.sgml : 20241024 20241024071330 ACCESSION NUMBER: 0001193125-24-242283 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241024 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NASDAQ, INC. CENTRAL INDEX KEY: 0001120193 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] ORGANIZATION NAME: 02 Finance IRS NUMBER: 521165937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38855 FILM NUMBER: 241390711 BUSINESS ADDRESS: STREET 1: 151 W. 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 1 212 401 8700 MAIL ADDRESS: STREET 1: 151 W. 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: NASDAQ OMX GROUP, INC. DATE OF NAME CHANGE: 20080227 FORMER COMPANY: FORMER CONFORMED NAME: NASDAQ STOCK MARKET INC DATE OF NAME CHANGE: 20010423 8-K 1 d846576d8k.htm 8-K 8-K false 0001120193 0001120193 2024-10-24 2024-10-24 0001120193 ndaq:CommonStock.01parvaluepershareMember 2024-10-24 2024-10-24 0001120193 ndaq:FourPointFiveZeroZeroSeniorNotesDue2032Member 2024-10-24 2024-10-24 0001120193 ndaq:ZeroPointNineZeroZeroSeniorUnsecuredNotesDue2033Member 2024-10-24 2024-10-24 0001120193 ndaq:ZeroPointEightSevenFivePercentSeniorNotesDue2030Member 2024-10-24 2024-10-24 0001120193 ndaq:OnePointSevenFivePercentSeniorNotesDue2029Member 2024-10-24 2024-10-24     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 24, 2024     Nasdaq, Inc. (Exact name of registrant as specified in its charter)       Delaware   001-38855   52-1165937 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   151 W. 42nd Street ,   New York , New York   10036 (Address of principal executive offices)   (Zip code) Registrant’s telephone number, including area code: +1 212 401 8700 No change since last report (Former Name or Address, If Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value per share   NDAQ   The Nasdaq Stock Market 4.500% Senior Notes due 2032   NDAQ32   The Nasdaq Stock Market 0.900% Senior Notes due 2033   NDAQ33   The Nasdaq Stock Market 0.875% Senior Notes due 2030   NDAQ30   The Nasdaq Stock Market 1.75% Senior Notes due 2029   NDAQ29   The Nasdaq Stock Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this cha