ICE obtains 95% holder consents to remove BK note covenants, pays $2.64/$1k

Intercontinental Exchange, Inc.

Holders of ~95% of $1B BK 3.625% Notes due 2028 consented to eliminate restrictive covenants and non-payment events of default.
Cash consideration of $2.64 per $1,000 principal ($2.5M total) to be paid on Feb 29, 2024.
Supplemental Indenture executed; reporting covenant amendment effective upon cash deposit; other amendments effective upon ICE completing a private exchange offer for new ICE notes.
Future private exchange offer will swap BK notes for new ICE senior notes, exempt from registration under Securities Act.

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