ICE melts stymied dollar market

By Will Caiger-Smith
03 Oct 2013

IntercontinentalExchange Group was a rare benchmark issuer in the US this week as earnings blackout and the partial government shutdown stifled high-grade supply from banks and financial institutions.

Despite the political stalemate in Washington, the high-grade market remains open to those with immediate funding needs and ICE grabbed the opportunity with both hands on Tuesday, to help finance its acquisition of NYSE Euronext and pay related fees and expenses.

ICE, which announced the $8.2bn acquisition in ...

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