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IntercontinentalExchange offers fixed-rate notes in two tranches
By Devika Patel
Knoxville, Tenn., Aug. 10 – IntercontinentalExchange Inc. intends to sell dollar-denominated fixed-rate senior notes in two parts, according to a 424B5 filing with the Securities and Exchange Commission.
The notes feature a make-whole call until one month prior to maturity for the shortest maturity and three months prior to maturity for the longest maturity and then a par calls after those dates.
BofA Merrill Lynch, Wells Fargo Securities LLC and MUFG are the bookrunners.
Proceeds will be used for general corporate purposes, including to redeem NYSE Holdings LLC's $850 million of 2% senior unsecured notes due in October 2017 and to pay down commercial paper.
Atlanta-based IntercontinentalExchange is a network of regulated exchanges and clearing houses for financial and commodity markets.
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