Match Group Announces Senior Notes Offering

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DALLAS, Nov. 17, 2017 /PRNewswire/ — Match Group (NASDAQ: MTCH) announced today that it intends to commence an offering of $450 million aggregate principal amount of senior notes due 2027 (the “Notes”) in a private offering (the “Offering”).  The interest rate and other terms of the Notes will be determined at the time of sale.

Match Group intends to use the proceeds of the Offering, together with cash on hand, to redeem its existing senior notes due 2022, and to pay accrued interest and expenses associated with the redemption.

The Offering will be made only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will not be registered under the Securities Act and may not be offered or sold without registration unless an exemption from such registration is available. This notice is issued pursuant to Rule 135c of the Securities Act, and does not constitute an offer to sell the Notes, nor a solicitation for an offer to purchase the Notes.

About Match Group

Match Group is the world’s leading provider of dating products.  We operate a portfolio of over 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24, each designed to increase our users’ likelihood of finding a romantic connection.  Through our portfolio of trusted brands, we provide tailored products to meet the varying preferences of our users.  We currently offer our dating products in 42 languages across more than 190 countries.

Forward-Looking Statements

SOURCE Match Group


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