Nasdaq to sell debt worth $5 billion to fund Adenza deal

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Nasdaq to sell debt worth $5 billion to fund Adenza deal
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Nasdaq said on Thursday it aims to sell debt worth $5.07 billion to fund its purchase of Thoma Bravo-owned software company Adenza.The $10.5 billion deal, announced earlier this month to help transform the exchange operator into a financial technology company, comprises $5.75 billion in cash and 85.6 mill

Nasdaq said on Thursday it aims to sell debt worth $5.07 billion to fund its purchase of Thoma Bravo-owned software company Adenza.

Nasdaq is looking to sell senior notes worth $4.25 billion and 750 million euros , according to a statement.

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