Pintoff Scott sold $16K of MKTX

Intercontinental Exchange and MarketAxess Holdings filed premerger notification forms with US regulators on August 26, as disclosed in a securities filing.

MarketAxess (MKTX) agreed to a $167 per share cash buyout by Intercontinental Exchange (ICE), pending shareholder and regulatory approvals. The deal represents a 33.6% premium over MKTX's May 27, 2026 closing price. The merger requires a majority shareholder vote and regulatory clearances, with no financing condition. MKTX shares will be delisted if the deal closes.

ICE completed a $3.75B debt offering to fund its acquisition of MarketAxess. The offering included four tranches with coupons ranging from 4.700% to 5.400%. Net proceeds were approximately $3.71B. The acquisition is expected to be a strategic expansion for ICE, but increases its debt load.

Intercontinental Exchange (ICE) completed a $3.71B net senior note offering, issuing $3.75B across four tranches. Proceeds, along with other financing, will fund the MarketAxess acquisition. The notes were sold under ICE's Form S-3 shelf and issued under an existing indenture.

ICE (Intercontinental Exchange) is selling up to $3.5B of investment-grade bonds in five tranches with maturities of 3 to 10 years, led by Bank of America and Wells Fargo. The longest tranche is priced at about 1.15 percentage points over comparable Treasuries. Proceeds replace ICE’s $6.25B bridge loan tied to its planned $6B MarketAxess acquisition.

Intercontinental Exchange (ICE), owner of the NYSE, launched a multi-tranche US investment-grade bond offering totaling up to $6B to fund its planned all-cash acquisition of MarketAxess Holdings. ICE will pay $167 per share, about $6B total deal value, and expects closing in 1H 2027. ICE targets $100M annual synergies and higher EPS after closing.