CHICAGO, March 4, 2015 /PRNewswire/ -- CME Group Inc.
(NASDAQ: CME) today announced 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 (1)
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 (2) 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.
Copies of the prospectus supplement and accompanying prospectus
relating to the offering may be obtained by contacting Barclays
Capital Inc. at 1-888-603-5847 and Merrill Lynch, Pierce, Fenner
& Smith Incorporated at 1-800-294-1322.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) is where the world comes to manage
risk. CME Group exchanges offer the widest range of global
benchmark products across all major asset classes, including
futures and options based on interest rates, equity indexes,
foreign exchange, energy, agricultural commodities, metals, weather
and real estate. CME Group brings buyers and sellers together
through its CME Globex® electronic trading platform, its trading
facilities in New York and
Chicago, and through its
London-based CME Europe
derivatives exchange. CME Group also operates one of the
world's leading central counterparty clearing providers through CME
Clearing and CME Clearing Europe, which offer clearing and
settlement services across asset classes for exchange-traded
contracts and over-the-counter derivatives transactions.
These products and services ensure that businesses everywhere can
substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the
Board of Trade of the City of
Chicago, Inc. NYMEX, New York Mercantile Exchange and
ClearPort are registered trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. All other trademarks are the property of their
respective owners. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
Statements in this press release that are not historical
facts are forward-looking statements. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed
or implied in any forward-looking statements. Among the factors
that might affect our performance are: increasing competition by
foreign and domestic entities, including increased competition from
new entrants into our markets and consolidation of existing
entities; our ability to keep pace with rapid technological
developments, including our ability to complete the development,
implementation and maintenance of the enhanced functionality
required by our customers while maintaining reliability and
ensuring that such technology is not vulnerable to security risks;
our ability to continue introducing competitive new products and
services on a timely, cost-effective basis, including through our
electronic trading capabilities, and our ability to maintain the
competitiveness of our existing products and services, including
our ability to provide effective services to the swaps market; our
ability to adjust our fixed costs and expenses if our revenues
decline; our ability to maintain existing customers, develop
strategic relationships and attract new customers; our ability to
expand and offer our products outside the
United States; changes in domestic and non-U.S. regulations,
including the impact of any changes in domestic and foreign laws or
government policy with respect to our industry, such as any changes
to regulations and policies that require increased financial and
operational resources from us or our customers; the costs
associated with protecting our intellectual property rights and our
ability to operate our business without violating the intellectual
property rights of others; decreases in revenue from our market
data as a result of decreased demand; changes in our rate per
contract due to shifts in the mix of the products traded, the
trading venue and the mix of customers (whether the customer
receives member or non-member fees or participates in one of our
various incentive programs) and the impact of our tiered pricing
structure; the ability of our financial safeguards package to
adequately protect us from the credit risks of clearing members;
the ability of our compliance and risk management methods to
effectively monitor and manage our risks, including our ability to
prevent errors and misconduct and protect our infrastructure
against security breaches and misappropriation of our intellectual
property assets; changes in price levels and volatility in the
derivatives markets and in underlying equity, foreign exchange,
interest rate and commodities markets; economic, political and
market conditions, including the volatility of the capital and
credit markets and the impact of economic conditions on the trading
activity of our current and potential customers; our ability to
accommodate increases in contract volume and order transaction
traffic and to implement enhancements without failure or
degradation of the performance of our trading and clearing systems;
our ability to execute our growth strategy and maintain our growth
effectively; our ability to manage the risks and control the costs
associated with our strategy for acquisitions, investments and
alliances; our ability to continue to generate funds and/or manage
our indebtedness to allow us to continue to invest in our business;
industry and customer consolidation; decreases in trading and
clearing activity; the imposition of a transaction tax or user fee
on futures and options on futures transactions and/or repeal of the
60/40 tax treatment of such transactions; the unfavorable
resolution of material legal proceedings; and the seasonality of
the futures business. More detailed information about factors that
may affect our performance may be found in our filings with the
Securities and Exchange Commission, including our most recent
periodic reports filed on Form 10-K and Form 10-Q, which are
available in the Investor Relations section of the CME Group Web
site. We undertake no obligation to publicly update any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
CME-G
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SOURCE CME Group Inc.