secwatch.observer — SEC 8-K summary
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Issuer:     Intercontinental Exchange, Inc. (ICE)
CIK:        0001571949
Form:       8-K
Filed at:   2022-05-23T23:59:59+00:00
Accession:  0001193125-22-157540
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ICE completes $8.0B senior notes offering to fund Black Knight acquisition and refinance existing debt
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- Completed offering of $8.0B aggregate principal in six tranches: 2025, 2027, 2029, 2033, 2052, and 2062 notes, with coupons from 3.65% to 5.20%.
- Net proceeds of approximately $7.91B after underwriting discounts and commissions.
- Approximately $4.96B of net proceeds (from 2025, 2027, 2029, and 2062 notes) to fund cash portion of Black Knight, Inc. acquisition.
- Approximately $2.96B of net proceeds (from 2033 and 2052 notes) to redeem outstanding senior notes maturing 2022/2023, including make-whole premiums.
- Balance for general corporate purposes, including repaying commercial paper.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571949/000119312522157540/0001193125-22-157540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571949/000119312522157540/d333782d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-157540

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