Davis Polk advised the joint book-running managers in connection with an SEC-registered debt offering by Intercontinental Exchange, Inc. of $500 million aggregate principal amount of its 2.350% senior notes due 2022 and $500 million aggregate principal amount of its 3.100% senior notes due 2027. Intercontinental Exchange intends to use the net proceeds from the offering for general corporate purposes, including to fund the redemption of NYSE Holdings LLC’s 2.00% senior unsecured fixed-rate notes due October 2017 and to pay down commercial paper outstanding. The notes are guaranteed by NYSE Holdings LLC. 

Intercontinental Exchange is a global operator of regulated exchanges, clearing houses and listing venues and a provider of data services for commodity and financial markets.

The Davis Polk corporate team included partners Richard A. Drucker and Joseph A. Hall and associates Alice Z. Chen and Nara Lee. The tax team included partner Michael Farber. All members of the Davis Polk team are based in the New York office. 

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