NYSE Euronext (NYX) today successfully closed a EUR250 million increase of its 5.375% EUR750 million June 2015 outstanding bond issue in the Euro market. The increase was priced at a margin of 300 bps per annum over Euro mid-swaps. Proceeds from the increase will be used by NYSE Euronext for general corporate purposes, including the refinancing of existing debt. The new bonds will become fungible with the existing issue and will be listed on Euronext Amsterdam and the Luxembourg Stock Exchange regulated market.
Pursuant to Regulation S of the United States Securities Act of 1933 (the "Securities Act"), the bonds have not been and will not be registered in the United States under the Securities Act and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons.
"With our £250 million note maturing in June 2009 and the credit markets relatively stable, we felt it was a good time to tap the markets and term-out a portion of our commercial paper outstanding at a fixed rate, by increasing our EUR750 million notes due in June of 2015," said Michael S. Geltzeiler, Group Executive Vice President and Chief Financial Officer, NYSE Euronext. "We have been pleased with the market support for the offering and view it as an affirmation of our strong financial position."