CME Group Inc (NASDAQ:CME) has announced that it priced an underwritten public offering of $750 million aggregate principal amount of senior unsecured 3.000% notes due 2025.
The offering is being made under CME Group’s existing shelf registration statement and is expected to close on March 9, 2015, subject to customary closing conditions.
CME Group intends to use the net proceeds from the offering to redeem, repurchase or otherwise retire prior to maturity all $612.5 million aggregate principal amount of the outstanding 4.40% Senior Notes due 2018 issued by CME Group Index Services LLC, an indirect wholly owned subsidiary of CME Group Inc., and guaranteed by CME Group Inc. and for general corporate purposes.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the notes will be made exclusively by means of a prospectus and prospectus supplement.
Bookrunners for the transaction include Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated. Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as representatives of the underwriters.
For the official announcement from CME Group, click here.