Shearman And Sterling

News Sep 09, 2020

Intercontinental Exchange $4.475 Billion Amended Financing

Shearman & Sterling advised Intercontinental Exchange (ICE) as borrower in connection with amendments to its existing senior unsecured revolving credit facility from $3.4 billion to $3.725 billion and its $750 million senior unsecured term loan facility, in each case, agented by Wells Fargo Bank, National Association.

The proceeds of the facilities were used in connection with ICE’s acquisition of Ellie Mae Intermediate Holdings I and for other general corporate purposes.

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