NYSE Euronext Raises $850 Million in First U.S. Bond Since 2008

NYSE Euronext (NYX), the biggest U.S. exchange operator, issued $850 million of five-year securities in its first dollar-denominated bond sale in more than four years.

The company sold the 2 percent debt to yield 145 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg.

NYSE Euronext intends to use proceeds from the sale to purchase or retire all of its $750 million of 4.8 percent securities due in June, New York-based NYSE said today in a regulatory filing. Funds may also be used to buy as much as 250 million euros ($323 million) of its 5.375 percent notes maturing in 2015, the company said.

The debt may be rated A3 by Moody’s Investors Service, according to a person familiar with the transaction, who asked not to be identified, citing lack of authorization to speak publicly.

To contact the reporter on this story: Charles Mead in New York at cmead11@bloomberg.net

To contact the editor responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.