Market Overview

IAC Will Sell $500M Senior Notes Offering

Share:
Related IACI
Top 4 Mid-Cap Stocks In The Internet Information Providers Industry With The Highest ROE
2 Companies Benefiting From Windows 10 (Hint: Not Microsoft)
Changing My Opinion On InterActiveCorp From Bearish To Bullish (Seeking Alpha)

IAC (Nasdaq: IACI) announced today that it has agreed to sell $500 million aggregate principal amount of 4.75% senior notes due 2022 (the "Notes") in a private offering (the "Offering").  The Notes will be guaranteed by certain subsidiaries of IAC.  The Offering of the Notes is expected to close on December 21, 2012.

Posted-In: News Offerings

 

Related Articles (IACI)

Get Benzinga's Newsletters