Nasdaq amends debt financing commitment

NEW YORK (Reuters) - The Nasdaq Stock Market Inc (NDAQ.O: Quote, Profile, Research, Stock Buzz) said on Thursday it amended its debt financing commitment after raising its bid for Nordic markets operator

OMX AB OMX.ST.

The amended commitment with Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) and JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) increases the total amount available to $2.2 billion. Previously, it was $1.9 billion, said a Nasdaq spokeswoman.

Last month, Nasdaq and the state-owned Borse Dubai boosted an offer for OMX by 15 percent to $4.9 billion, aiming to muscle out potential rival bidders.

Nasdaq and Dubai initially stuck a complicated deal as part of which the Middle Eastern company would sell its OMX shares to Nasdaq for a 20 percent stake in the U.S. exchange.

Dubai's rival Qatar then began acquiring OMX shares, buying up nearly 10 percent.

Nasdaq and Dubai then sweetened their offer and Nasdaq agreed to increase the cash component in its amended agreement with Dubai.

(Reporting by Anupreeta Das)