Intercontinental Exchange to redeem 2.75% notes on June 25

By Wendy Van Sickle

Columbus, Ohio, May 18 – Intercontinental Exchange Inc. will redeem its $1.25 billion of 2.75% senior notes due December 2020 on June 25, according to a news release.

The issuer said that the notes will be redeemed according to their terms.

Funding will come from an offering of $2.5 billion of new senior notes in tranches due 2020 and 2050 that priced on Monday.

Intercontinental Exchange is an Atlanta and New York-based operator of exchanges and clearing houses and provider of data and listings services.

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