Nasdaq has closed an underwritten public offering of $370 million in senior notes, the exchange operator said Tuesday.
The company used net proceeds from the 5.250 percent senior notes, due in 2018, to pay down its purchase of 22.8 million of its own shares from Borse Dubai Limited, its largest stakeholder.
Nasdaq OMX Group Inc. announced the buyback last week, surprising investors because it was buying more shares than had been expected.
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