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 | ||
41.73 USD | -2.48% | -1.39% | +37.63% |
May. 07 | Lendingtree Insider Sold Shares Worth $431,375, According to a Recent SEC Filing | MT |
May. 01 | Oppenheimer Adjusts LendingTree Price Target to $55 From $45 | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+37.63% | 566M | |
-3.26% | 53.22B | |
-7.12% | 30.18B | |
+50.40% | 26.87B | |
+30.57% | 25.27B | |
+16.10% | 17.55B | |
+7.78% | 13.47B | |
+22.65% | 11.23B | |
+19.18% | 8.52B | |
-29.35% | 7.39B |
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- LendingTree, Inc. announced that it expects to receive $175 million in funding