The exchange offer included the issuance of new senior notes due 2028

Davis Polk advised the lead dealer managers in connection with a Rule 144A / Regulation S exchange offer by Intercontinental Exchange, Inc. (ICE) to exchange $1 billion of 3.625% senior notes due 2028 issued by ICE’s wholly owned subsidiary Black Knight InfoServ, LLC for ICE’s new 3.625% senior notes due 2028.

ICE operates exchanges, including the New York Stock Exchange, and clearinghouses that help people invest, raise capital and manage risk across multiple asset classes. ICE’s comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help its customers capitalize on opportunities and operate more efficiently.

The Davis Polk capital markets team included partners Joseph A. Hall and Byron B. Rooney, counsel Michael Stromquist and associate Sierra M. Acosta. Partner Michael Farber and associates William Liang and Kelsey Nelson provided tax advice. All members of the Davis Polk team are based in the New York office.