Intercontinental Exchange (ICE) has begun the exchange offer for its outstanding unregistered 3.625% senior notes, due in 2028. They will be exchanged with equivalent notes, of the same series, that have been registered under the Securities Act of 1933.
A prospectus for the exchange offer was first filed with the Securities and Exchange Commission on 9 August.
This exchange removes transfer restrictions and registration rights connected to the original notes, ICE explained, with other terms remaining identical.
The exchange offer is active until 5 PM ET on 9 September 2024, unless extended or terminated by ICE. The settlement date is expected to be 11 September 2024.
To be eligible for exchange, the original notes must be validly tendered, not validly withdrawn before the exchange offer expiration date, and accepted by ICE.
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