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LendingTree Secures Up To $175M In Financing In The Form Of First Lien Term Loan Facility From Funds Managed By Apollo Affiliates

Author: Benzinga Newsdesk | March 27, 2024 04:16pm

LendingTree intends to draw $125 million of the facility upon funding while the remainder will be available as a delayed draw during the following 12 months. The funds will be used for general corporate purposes, which may include repayment of existing debt.

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