NASDAQ OMX Announces Results of Tender Offer for 2.50% Convertible Senior Notes
October 19 2011 - 8:28AM
The NASDAQ OMX Group, Inc. ("NASDAQ OMX") (Nasdaq:NDAQ) announced
today the expiration of its previously announced tender offer to
purchase for cash any and all of its outstanding 2.50% Convertible
Senior Notes due 2013 (the "Convertible Notes") which occurred at
12:00 midnight New York City time on October 18, 2011. The
depositary for the tender offer has advised NASDAQ OMX that an
aggregate principal amount of $334,678,000 of the outstanding
Convertible Notes were validly tendered in the tender offer and not
validly withdrawn prior to the expiration of the tender
offer. Tenders of the Convertible Notes represented 78.26% of
the Convertible Notes outstanding.
In accordance with the terms of the tender offer, NASDAQ OMX has
accepted for payment all of the Convertible Notes validly tendered
and not validly withdrawn pursuant to the terms of the tender
offer. The payment date (as defined in the offer to purchase dated
September 20, 2011) with respect to the Convertible Notes accepted
for payment is expected to be today.
NASDAQ OMX retained BofA Merrill Lynch and UBS Investment Bank
to act as dealer managers in connection with the tender
offer. For questions concerning the terms of the tender
offer, BofA Merrill Lynch may be contacted at (980) 683-3215
(collect) or (888) 292-0070 (toll free) and UBS Investment Bank may
be contacted at (203) 719-4210 (collect) or (888) 719-4210 (toll
free). D. F. King & Co., Inc. was appointed to act as the
information agent and the depositary for the tender offer. For
additional copies of the documents relating to the tender offer or
for questions or requests for assistance regarding tenders of
Convertible Notes, D. F. King & Co., Inc. may be contacted at
(212) 269-5550 or (800) 628-8536.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking statements regarding
NASDAQ OMX's previously announced tender offer. The
forward-looking statements in this release are based on information
available at the time the statements are made and/or management's
belief as of that time with respect to future events and involve
risks and uncertainties that could cause actual results and
outcomes to be materially different. While NASDAQ OMX may
elect to update forward-looking statements in the future, it
specifically disclaims any obligation to do so, and therefore, you
should not rely on these forward-looking statements as representing
our views as of any date subsequent to today.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. delivers trading, exchange technology
and public company services across six continents, with more than
3,500 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S.
listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX
First North, and the U.S. 144A sector. The company offers
trading across multiple asset classes including equities,
derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the
operations of over 70 exchanges, clearing organizations and central
securities depositories in more than 50 countries. NASDAQ OMX
Nordic and NASDAQ OMX Baltic are not legal entities but describe
the common offering from NASDAQ OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and
Vilnius. For more information about NASDAQ OMX, visit
http://www.nasdaqomx.com. *Please follow NASDAQ OMX on
Facebook (http://www.facebook.com/nasdaqomx) and Twitter
(http://www.twitter.com/nasdaqomx).
The information contained above is provided by The NASDAQ OMX
Group, Inc. for informational and educational purposes only, and
nothing contained herein should be construed as investment advice,
either on behalf of a particular security or an overall investment
strategy. Neither The NASDAQ OMX Group, Inc. nor any of its
affiliates makes any recommendation to buy or sell any security or
any representation about the financial condition of any
company. Statements regarding NASDAQ-listed companies are not
guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance
is not indicative of future results. Investors should
undertake their own due diligence and carefully evaluate companies
before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS
STRONGLY ADVISED.
NDAQG
CONTACT: NASDAQ OMX Contacts:
INVESTOR RELATIONS CONTACT
Vincent Palmiere
+1 212 401 8742
Vincent.Palmiere@nasdaqomx.com
MEDIA RELATIONS CONTACT
Frank DeMaria
+1 212 231 5183
Frank.DeMaria@nasdaqomx.com
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