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LENDINGTREE ANNOUNCES CLOSING OF $475 MILLION CREDIT FACILITY
Prnewswireยท 2025-08-22 12:32
New Financing Reduces Interest Expense, Removes Cumbersome Covenants, and Increases Operating FlexibilityCHARLOTTE, N.C., Aug. 22, 2025 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), the nation's leading online financial services marketplace, today announced the successful closing of a $475 million credit facility, consisting of a new $400 million five-year Term Loan B and a $75 million revolving credit facility. The financing replaces the company's existing Term Loan B due 2028 and its loan agreement wi ...