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(Bloomberg) -- Intercontinental Exchange Inc. tapped the investment-grade market Thursday with an $8 billion bond sale in six parts to help finance its acquisition of Black Knight Inc. Most Read from BloombergSony PlayStation Staff Fume Over CEO’s Abortion CommentsUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderCrypto Billionaires’ Vast Fortunes Are Destroyed in WeeksMore Than $200 Billion Wiped Off Cryptocurrency Market in a DayNike Escalates StockX Feud, Says Site Is Selling Fake
Intercontinental Exchange (ICE) said on Monday it had launched a nature-based solutions carbon credit futures contract to help bring price signals to the voluntary carbon market. Nature-based solution (NBS) carbon credits can be generated through schemes such as planting trees, agricultural projects or protecting forests that would otherwise be destroyed. "The NBS future is our first contract specifically designed to measure the carbon sequestration and storage capabilities of nature, which we hope will be an important valuation tool to conserve and grow the world's natural capital base," Gordon Bennett, Managing Director of Utility Markets at ICE, said in a statement.