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.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
47.58 USD | -1.42% | -3.52% | +57.22% |
05-07 | Lendingtree Insider Sold Shares Worth $431,375, According to a Recent SEC Filing | MT |
05-01 | Oppenheimer Adjusts LendingTree Price Target to $55 From $45 | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+57.22% | 638M | |
-8.78% | 48.91B | |
-6.71% | 30.13B | |
+48.27% | 26.29B | |
+19.94% | 18.51B | |
+0.68% | 12.3B | |
+14.30% | 10.63B | |
+12.66% | 7.69B | |
-30.15% | 7.46B | |
+3.23% | 6.14B |
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- LendingTree, Inc. announced that it expects to receive $175 million in funding