Intercontinental Exchange reports plans to sell notes in three parts

By Devika Patel

Knoxville, Tenn., Aug. 6 – Intercontinental Exchange Inc. is expected to price fixed-rate senior notes in three tranches, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BofA Merrill Lynch, Wells Fargo Securities LLC and MUFG are the bookrunners.

Proceeds will be used for general corporate purposes, including the redemption of the company’s $600 million of 2018 senior notes and to pay down commercial paper.

Atlanta-based Intercontinental Exchange is a network of regulated exchanges and clearing houses for financial and commodity markets.

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