Davis Polk advised the joint book-running managers in connection with an SEC-registered debt offering by Intercontinental Exchange, Inc. of $400 million aggregate principal amount of its 3.450% notes due 2023, $600 million aggregate principal amount of its 3.750% notes due 2028 and $1.25 billion aggregate principal amount of its 4.250% notes due 2048. Intercontinental Exchange intends to use the net proceeds from the offering for general corporate purposes, including to fund the redemption of its $600 million aggregate principal amount of 2.50% senior notes due 2018 and to pay down commercial paper outstanding.

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

The Davis Polk corporate team included partner Joseph A. Hall and associates Rahim Manji and Hillary A. Coleman. The tax team included partner Michael Farber. All members of the Davis Polk team are based in the New York office.