Nasdaq Inc (NDAQ) 2020-2

USD500.00030Apr-50Sr. UnsecuredBaa2BBB-FixedTsyT+300 aT+230 a2153.25%1098.09800
Tranche Comments
30 yr: Book size: 6750; First Pay: 2020-10-28; Registration: Registered; Comments: US$500m 3.25% cpn 30-year(4/28/50) at 98.098, yld 3.351%. Spread: T+215bp. MWC T+35bp CoC: 101%. Coupon step: 25bp per agency per notch (Moody’s and S&P), up to a maximum of 200 bps; Fall-away provision @ Baa1/BBB+.;
Use of Proceeds
To repay short term indebtedness

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