Nasdaq, Inc. Announces Cash Tender Offers for Up to $95 Million Aggregate Purchase Price of Outstanding Debt Securities

Core Viewpoint - Nasdaq, Inc. has announced cash tender offers for its outstanding Notes, with a maximum purchase price of $95 million, subject to specific caps on different series of Notes [1][3]. Group 1: Tender Offer Details - The company is offering to purchase up to $80 million of its 5.350% Senior Notes due 2028 and up to $10 million of its 3.950% Senior Notes due 2052 [1]. - The total consideration for each $1,000 principal amount of Notes validly tendered before the Early Tender Date will include an early tender premium [5][6]. - The Tender Offers will expire at 5:00 p.m. New York City time on December 30, 2025, with an Early Tender Date of December 12, 2025 [4][10]. Group 2: Payment and Settlement - Payment for Notes accepted for purchase will be made promptly following the Expiration Date, anticipated to be December 31, 2025, with potential early settlement for those tendered before the Early Tender Date [9]. - Holders of Notes accepted for purchase will receive accrued and unpaid interest from the last interest payment date to the applicable settlement date [7]. Group 3: Purpose and Funding - The purpose of the Tender Offers is to reduce the company's total outstanding public debt [8]. - The company intends to fund the purchase of validly tendered and accepted Notes with available cash on hand and other sources of liquidity [8].