ICE Enters Material Definitive Agreement

TL;DR

ICE just signed a big deal, creating a new financial obligation. Details inside.

AI Summary

Intercontinental Exchange, Inc. (ICE) entered into a material definitive agreement on May 31, 2024, related to a direct financial obligation. The filing details the creation of this obligation under an off-balance sheet arrangement. Specific details regarding the nature of the agreement and the financial obligation are provided within the filing.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Intercontinental Exchange, Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — The creation of a material definitive agreement and a direct financial obligation suggests potential financial commitments and risks that are not yet fully detailed in the public filing.

Key Players & Entities

• Intercontinental Exchange, Inc. (company) — Registrant
• May 31, 2024 (date) — Date of earliest event reported
• June 5, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.01 — nge on Which Registered Common Stock, $0.01 par value per share ICE New York Stoc
• $3.9 billion — ty in the aggregate principal amount of $3.9 billion. On May 31, 2024, the Company agreed w
• $1.0 b — amount available for borrowing by up to $1.0 billion, subject to the consent of the le

Filing Documents

• tm2416515d1_8k.htm (8-K) — 30KB
• tm2416515d1_ex10-1.htm (EX-10.1) — 1098KB
• 0001104659-24-068724.txt ( ) — 1519KB
• ice-20240531.xsd (EX-101.SCH) — 3KB
• ice-20240531_lab.xml (EX-101.LAB) — 33KB
• ice-20240531_pre.xml (EX-101.PRE) — 22KB
• tm2416515d1_8k_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. Amended Revolving Credit Facility Intercontinental Exchange, Inc. (the "Company") is a party to that certain Credit Agreement, dated as of April 3, 2014 (as amended by (i) the First Amendment to Credit Agreement, dated as of May 15, 2015, (ii) the Second Amendment to Credit Agreement, dated as of November 9, 2015, (iii) the Third Amendment to Credit Agreement, dated as of November 13, 2015, (iv) the Fourth Amendment to Credit Agreement, dated as of August 18, 2017, (v) the Fifth Amendment to Credit Agreement, dated as of August 18, 2017, (vi) the Sixth Amendment to Credit Agreement, dated as of August 9, 2018, (vii) the Seventh Amendment to Credit Agreement, dated as of August 14, 2020, (viii) the Eighth Amendment to Credit Agreement, dated as of August 21, 2020, (ix) the Ninth Amendment to Credit Agreement, dated as of March 8, 2021, (x) the Tenth Amendment to Credit Agreement, dated as of October 15, 2021, (xi) the Eleventh Amendment to Credit Agreement, dated as of May 11, 2022, and (xii) the Twelfth Amendment to Credit Agreement, dated as of May 25, 2022, the "Existing Revolving Credit Agreement"), among the Company, as borrower, the lenders party thereto from time to time and Wells Fargo Bank, National Association, as administrative agent, issuing lender and swingline lender, providing for a senior unsecured revolving credit facility in the aggregate principal amount of $3.9 billion. On May 31, 2024, the Company agreed with the lenders under the Existing Revolving Credit Agreement to amend the terms of the Existing Revolving Credit Agreement (the "Thirteenth Amendment") to make certain changes, including extending the maturity date thereunder to the date that is the fifth anniversary of the effectiveness date of the Thirteenth Amendment, being May 31, 2029. The Existing Revolving Credit Agreement, as amended by the Thirteenth Amendment, is referred to herein as the "Revolving Credit Agreement," and the

03 Creation of a Direct Financial Obligation

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure in Item 1.01 of this Current Report is incorporated by reference under this Item 2.03.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 The Thirteenth Amendment, dated as of May 31, 2024, by and among Intercontinental Exchange, Inc., as borrower, the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent, amending that certain Credit Agreement, dated as of April 3, 2014, by and among Intercontinental Exchange, Inc., as borrower, the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent ( as amended by the First Amendment to Credit Agreement, dated as of May 15, 2015, the Second Amendment to Credit Agreement, dated as of November 9, 2015, the Third Amendment to Credit Agreement, dated as of November 13, 2015, the Fourth Amendment to Credit Agreement, dated as of August 18, 2017, the Fifth Amendment to Credit Agreement, dated as of August 18, 2017, the Sixth Amendment to Credit Agreement, dated as of August 9, 2018, the Seventh Amendment to Credit Agreement, dated as of August 14, 2020, the Eighth Amendment to Credit Agreement, dated as of August 21, 2020, the Ninth Amendment to Credit Agreement, dated as of March 8, 2021, the Tenth Amendment to Credit Agreement, dated as of October 15, 2021, the Eleventh Amendment to Credit Agreement, dated as of May 11, 2022, and the Twelfth Amendment to Credit Agreement, dated as of May 25, 2022). 104 The cover page from Intercontinental Exchange, Inc.'s Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. INTERCONTINENTAL EXCHANGE, INC. Date: June 5, 2024 By: /s/ Andrew J. Surdykowski Andrew J. Surdykowski General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR