Intercontinental Exchange Prices $2.5B in Senior Notes

Intercontinental Exchange

, a leading global network of exchanges and clearing houses, today announced that it priced an underwritten public offering of $2.5 billion in new senior notes. The senior notes comprise $1.25 billion in aggregate principal amount of 2.75% Senior Notes due 2020 and $1.25 billion in aggregate principal amount of 3.70% Senior Notes due 2025. The offering is being made under a shelf registration statement and is expected to close on November 24, 2015, subject to customary closing conditions. ICE intends to use the net proceeds from the offering, together with available cash and borrowings under ICE's U.S. dollar commercial paper program, to finance the cash portion of the purchase price of Interactive Data Corporation under the terms of the merger agreement, which was announced on October 26, 2015. The joint book-running managers for the offering are Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, Mitsubishi UFJ Securities (USA), Inc. and Morgan Stanley & Co. LLC. The senior co-managers for the offering are BBVA Securities Inc., BMO Capital Markets Corp., and Fifth Third Securities, Inc., and the co-managers are Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, SG Americas Securities, LLC, U.S. Bancorp Investments, Inc., Lloyds Securities Inc. and Goldman, Sachs & Co. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is being made only by means of a prospectus supplement relating to the offering and accompanying base prospectus previously filed with the Securities and Exchange Commission, copies of which may be obtained for free by visiting EDGAR on the SEC Web site at www.sec.gov or, upon request, by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 or dg.prospectus_requests@baml.com or Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or wfscustomerservice@wellsfargo.com.