Market Overview

IAC to Offer $500M in Senior Unsecured Notes

Related IACI
Market Wrap For April 11: Markets Pick Up Exactly Where They Left Off
IAC Reportedly Buying 10% of Tinder for $500M
Tech Titans Take on Immigration Reform (Fox Business)

IAC (Nasdaq: IACI) announced today that it intends to commence an offering of $500 million aggregate principal amount of senior unsecured notes (the "Notes") in a private offering (the "Offering"). The Notes will be guaranteed by certain subsidiaries of IAC. The maturity, interest rate and other terms of the Notes will be determined at the time of sale.

IAC plans to use the net proceeds of the Offering for general corporate purposes.

Posted-In: News Offerings


Most Popular

Related Articles (IACI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free