Intercontinental Exchange to price notes, floaters in five parts

By Marisa Wong

Los Angeles, Aug. 17 – Intercontinental Exchange, Inc. plans to price four series of fixed-rate senior notes and one series of floating-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

BofA Securities, Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, MUFG, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are the joint bookrunners.

The company plans to use proceeds from the new notes, together with funds from the issuance of commercial paper or borrowings under its revolver and new term loan, to finance the cash portion of its acquisition of Ellie Mae.

Intercontinental Exchange is an Atlanta-based operator of exchanges and clearing houses and provider of data and listings services. Ellie Mae is a Pleasanton, Calif.-based cloud-based platform provider for the mortgage finance industry.

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