PR NEWSWIRE – Nov 17 – Match Group has agreed to sell $450M aggregate principal amount of 5.000% senior notes due 2027 in a private offering. The Offering is expected to close on Dec 4, 2017, with gross proceeds from the Offering of ~$445.6M. Match Group intends to use the proceeds to redeem its existing senior notes due 2022, and to pay accrued interest and expenses associated with the redemption.
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Summarized by the Courtland Brooks team