Intercontinental Exchange, Inc. (NYSE: ICE) (“ICE”) announced today the expiration of the previously announced private exchange offer (the “Exchange Offer”) and related consent solicitation (the “Consent Solicitation”) made by ICE with respect to the 3.625% Senior Notes due 2028 (CUSIP: 092174AA9 / U0921BAA6) (the “BK Notes”) issued by Black Knight InfoServ, LLC, a wholly owned subsidiary of ICE.
The Exchange Offer and Consent Solicitation expired at 5:00 p.m., New York City time, on December 8, 2023 (the “Expiration Date”). As of the Expiration Date, the condition that ICE receive the consents of the holders of at least a majority in aggregate principal amount of the BK Notes to adopt certain proposed amendments to the BK Notes and the related indenture under which they were issued was not satisfied. As a result, the BK Notes and the related indenture will remain outstanding with no changes to their terms. No BK Notes will be exchanged by ICE for any notes of ICE, and the BK Notes previously tendered in the Exchange Offer will be promptly returned to the tendering holders. No consideration will be paid or become payable to holders who validly tendered BK Notes in the Exchange Offer.
