← Intercontinental Exchange, Inc.

TERM LOAN CREDIT AGREEMENT

When the limit steps, and which way the company's ratio has been moving.

3.89x3.29x2.69x

Signed Aug 20, 2026

Committed
$2bn
Matures
n/a
TrancheSizeMaturesMargin
Senior Delayed Draw Term Loan Facility$2bnn/a63–125 bps

Priced over Term SOFR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level IDebt Rating: A+/A1 or higher63 bps7 bps
Level IIDebt Rating: A/A275 bps8 bps
Level IIIDebt Rating: A-/A388 bps10 bps
Level IVDebt Rating: BBB+/Baa1100 bps13 bps
Level VDebt Rating: BBB/Baa2 or lower125 bps18 bps

Lenders: BOFA SECURITIES, INC., WELLS FARGO SECURITIES, LLC, Bank of America, N.A., Wells Fargo Bank, National Association, Bank of China, New York Branch, China Construction Bank Corporation, New York Branch, MUFG Bank, Ltd., PNC Bank, National Association, State Bank of India, New York Branch, Industrial and Commercial Bank of China Limited, New York Branch, Fifth Third Bank, National Association, Mizuho Bank, Ltd.

Tested quarterly24.5%ratio 2.83x, estimated, vs 3.75x limit in force at Jun 30, 20263.75x
The Total Leverage Ratio as of the last day of any fiscal quarter shall not be greater than 3.75 to 1.00
Read the filing on sec.gov ↗

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