NASDAQ OMX Completes Refinancing Transactions
Cahill represented Bank of America N.A. as Administrative Agent, Swingline Lender and Issuing Bank in connection with a $950,000,000 senior unsecured credit facility comprised of $350,000,000 Tranche A Term Loan, $350,000,000 Tranche X Term Loan and $250,000,000 Revolver for NASDAQ OMX.
Cahill also represented Banc of America Securities LLC, J.P. Morgan Securities Inc. and Wells Fargo Securities LLC in the $1,000,000,000 public offering by NASDAQ OMX of two series of Senior Notes comprised of $400,000,000 aggregate principal amount of 4.00% Senior Notes due 2015 and $600,000,000 aggregate principal amount of 5.55% Senior Notes due 2020.
The new term loans and senior notes were applied, together with cash on hand, to repay all amounts outstanding under NASDAQ OMX's existing senior secured credit facilities and to terminate the associated credit agreement.