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
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5-day change | 1st Jan Change | ||
49.22 USD | -1.92% | +2.20% | +62.70% |
May. 01 | Oppenheimer Adjusts LendingTree Price Target to $55 From $45 | MT |
Apr. 30 | Truist Adjusts LendingTree's Price Target to $55 From $37 After Stronger-Than-Expected Q1 Results, Keeps Buy Rating | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+62.70% | 664M | |
-6.21% | 50.78B | |
-4.19% | 31.02B | |
+52.93% | 28.18B | |
+22.67% | 24.07B | |
+18.83% | 18.57B | |
+3.63% | 13.34B | |
+21.27% | 11.46B | |
+13.52% | 8.05B | |
-28.79% | 7.56B |
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- LendingTree, Inc. announced that it expects to receive $175 million in funding