Nasdaq's rating outlook negative, was stable-Moody's

(Reuters) - Debt taken on for the acquisition will reduce Nasdaq's
financial flexibility and increase leverage to a level that is
high for its "Ba3" rating, Moody's said in a statement. A "Ba3"
rating is three steps below investment grade.




"Nonetheless, Moody's believes that the Nasdaq OMX Group
should have a strong capacity to generate cash and reduce
leverage, if management chooses to do so," the rating agency
said.


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