LendingTree, Inc announced a private placement to issue secured first lien term loan facility with new lender, Apollo Global Management, Inc. for a gross proceeds of $175,000,000 on March 27, 2024. The company expects to issue $125,000,000 of the facility upon funding while the remainder will be available as a delayed draw during the following 12 months.
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5-day change | 1st Jan Change | ||
37.9 USD | +4.04% | +11.05% | +25.00% |
Mar. 27 | LendingTree Gets $175 Million Loan Facility From Apollo Funds | MT |
Mar. 27 | LendingTree, Inc. Secures Up to $175 Million in Financing in the Form of a First Lien Term Loan Facility | CI |
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+25.00% | 494M | |
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+21.35% | 11.27B | |
-20.90% | 8.31B | |
+14.48% | 8.13B | |
+33.65% | 6.39B |
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- LendingTree, Inc. announced that it expects to receive $175 million in funding