said late Thursday it priced $8 billion in bonds to finance its $13 billion acquisition of Black Knight Inc.
The deal has 11 joint book-running managers including Bank of America Corp.’s
BofA Securities Inc. unit, Goldman Sachs Group Inc.
Wells Fargo Securities LLC
Citigroup Global Markets Inc.
and PNC Capital Markets LLC
Intercontinental Exchange announced the acquisition of Black Knight on May 4. Shares of Intercontinental Exchange rose 1% in premarket trades on Friday. The stock is down 30% so far in 2022, compared to a 17.5% drop by the S&P 500
Jacksonville, Fla.-based Black Knight specializes in software, data and analytics for the housing finance market.