Intercontinental Exchange, Inc. Completes Issuance of Senior Notes to Finance MarketAxess Acquisition

Details

(ICE) completed the issuance of $3.75 billion aggregate principal amount of senior notes due between 2029 and 2036. The proceeds from the sale of the notes, after underwriting discounts and commissions and before offering expenses, were approximately $3.71 billion. ICE intends to use these net proceeds, together with anticipated borrowings under a new senior unsecured term loan facility, the issuance of commercial paper under its commercial paper program, borrowings under its revolving credit agreement, cash on hand or other immediately available funds, to finance the purchase price for MarketAxess Holdings Inc. under the terms of the Agreement and Plan of Merger, which was announced on July 30, 2026, and to pay related fees, commissions and expenses.

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About Intercontinental Exchange, Inc.

Intercontinental Exchange, Inc. operates as a leading exchange operator and global provider of data services and technology solutions to financial markets. Its primary function is to facilitate the trading of energy, agricultural commodities, financial derivatives, fixed income, and equities through its network of regulated exchanges and clearing houses, including the iconic New York Stock Exchange. ICE is also recognized for its innovation in providing market data and analytics, offering risk management and post-trade processing services, and serving a wide array of clientele ranging from corporates to individual investors. Prominently impacting the financial, energy, and agricultural sectors, ICE plays a pivotal role in enhancing transparency, efficiency, and accessibility in trading operations. The company is instrumental in modernizing market infrastructure and supports global economies by ensuring seamless trade executions and reliable data dissemination. Headquartered in Atlanta, Georgia, Intercontinental Exchange, Inc. remains a cornerstone of financial markets, distinguished by its commitment to advancing market transparency and integrity across diverse trading platforms.