ICE Prices $1.4 Bln In Senior Notes - Quick Facts

(RTTNews) - IntercontinentalExchange (ICE) announced that its subsidiary IntercontinentalExchange, Group has priced an underwritten public offering of $1.4 billion in new senior notes.

The company noted that the senior notes comprise $600 million in aggregate principal amount of 2.50% Senior Notes due 2018 and $800 million in aggregate principal amount of 4.00% Senior Notes due 2023.

The offering is being made under a shelf registration statement and is expected to close on October 8, 2013, ICE said.

ICE stated that the net proceeds from the offering, together with cash on hand and borrowings under ICE's existing credit facility, will finance the cash portion of the purchase price of NYSE Euronext under the terms of the merger agreement announced on December 20, 2012, as amended and restated on March 19, 2013.