ICE Completes $3.75 Billion Senior Notes Offering for MarketAxess Acquisition

Intercontinental Exchange (ICE) has completed a public offering of four series of Senior Notes totaling $3.75 billion in aggregate principal amount. The company received net proceeds of approximately $3.71 billion, which are intended to finance the previously announced acquisition of MarketAxess Holdings Inc.

Key Details

• Offering Breakdown: The issuance consists of $1.25B of 4.700% notes due 2029, $1.1B of 4.900% notes due 2031, $650M of 5.150% notes due 2033, and $750M of 5.400% notes due 2036.
• Net Proceeds: The offering, completed on August 20, 2026, generated approximately $3.71 billion in net proceeds after underwriting discounts and commissions.
• Use of Funds: Proceeds will be used to finance the purchase price and related expenses for the acquisition of MarketAxess Holdings Inc., which was announced on July 30, 2026.