Nasdaq Secures $1.5 Billion Revolving Credit Facility with Sustainability-Linked Pricing
NDAQ is trading near its 52-week low of $76.55 (8.1% above the low).
Summary
Nasdaq entered into a new $1.5 billion revolving credit facility, enhancing its financial flexibility for strategic initiatives and incorporating sustainability-linked pricing.
Key Events · Financing and Capital Events · NDAQ
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New $1.5 Billion Revolving Credit Facility
Nasdaq entered into an Amended and Restated Credit Agreement for a $1.5 billion senior unsecured five-year revolving credit facility, replacing its previous agreement from 2022.
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Enhanced Financial Flexibility
The facility, maturing on June 30, 2031, includes an option to increase aggregate commitments by up to an additional $1.0 billion, providing significant liquidity for future needs.
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Strategic Use of Proceeds
Proceeds from the revolving loans can be used for general corporate purposes, including financing acquisitions, repaying indebtedness, and funding share repurchases.
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Sustainability-Linked Pricing
The credit facility features a sustainability adjustment mechanism, where interest rates and commitment fees are linked to Nasdaq's 'Percent SBT Spend' (Science-Based Targets).
Analysis · NDAQ · Crypto Assets
Nasdaq has replaced its existing credit agreement with a new $1.5 billion senior unsecured revolving credit facility, maturing in 2031. This facility provides substantial financial flexibility for general corporate purposes, including potential acquisitions and share repurchases. The inclusion of sustainability-linked pricing, tied to the company's 'Percent SBT Spend,' is a notable feature reflecting modern corporate governance and environmental commitments.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NDAQ was trading at $82.73 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $46.8B. The 52-week trading range was $76.55 to $101.79. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.