Nasdaq entered into a new $1.5 billion senior unsecured five-year revolving credit facility on June 30, 2026, led by Bank of America as administrative agent, replacing its 2022 credit agreement. The facility features benchmark-based interest with margins linked to Nasdaq’s debt ratings, a commitment fee on unused amounts, and an option to upsize commitments by up to $1.0 billion. Proceeds may be used for general corporate purposes, including acquisitions, debt repayment and share repurchases. As of July 1, 2026, no amounts were outstanding.
New agreement details:
- Agreement type: Unsecured five-year revolving credit facility
- Counterparty: Bank of America, as Administrative Agent, and other lenders
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: 5 years (to Jun 30 2031)
- Reason: Enhance liquidity and financial flexibility
Terminated agreement details:
- Agreement terminated: Amended and Restated Credit Agreement (revolving credit facility)
- Counterparty: Bank of America, as Administrative Agent, and other lenders
- Original agreement date: Dec 16 2022
- Termination date: Jun 30 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Replaced with new revolving credit facility
Original SEC Filing:
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