An announcement from Intercontinental Exchange Inc. (ICE) is now available.
Intercontinental Exchange, Inc. (ICE) successfully gathered the necessary consents from holders of Black Knight InfoServ, LLC’s 3.625% Senior Notes due 2028 to implement significant amendments to their terms. These changes, effective immediately upon agreement, remove numerous reporting requirements and restrictive covenants, leaving only payment and guarantee-related defaults. Following this, ICE plans to offer a private exchange of the current notes for new senior notes, subject to certain eligibility criteria, streamlining the company’s debt structure and obligations to its note holders.
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