Intercontinental Exchange 8-K

Summary

Senior note offering completed to help finance ICE’s planned acquisition of MarketAxess. ICE issued four note tranches on 8/20/2026 and plans to combine the proceeds with other financing sources to fund the purchase price and related expenses.

Key Figures

• Principal: $1.25B of 4.700% notes due 2029; $1.1B of 4.900% notes due 2031; $650M of 5.150% notes due 2033; and $750M of 5.400% notes due 2036.
• Net proceeds: ≈$3.71B after underwriting discounts and commissions, before offering expenses.
• Planned funding also includes anticipated borrowings under a new senior unsecured term loan facility, commercial paper, revolving credit borrowings, cash on hand or other immediately available funds.

Investor Takeaways

• ICE’s next funding and acquisition steps will show whether the announced financing plan supports the MarketAxess purchase.