News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Nasdaq to offer $425m in convertible bonds

Nasdaq is going to offer its first convertible bond to fund recent acquisitions less than two years after selling equity to raise money for an indicative bid for the London Stock Exchange that ultimately failed.

The Nasdaq Stock Market is planning to offer $425m (€290m) in five-year convertible bonds subject to market conditions.

WSJ Logo