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LendingTree宣布从Apollo Funds获得1.75亿美元融资

2024-03-28 04:24

  • LendingTree (NASDAQ:TREE) said it has secured up to $175 million in financing in the form of a first lien term loan facility from funds managed by Apollo affiliates.
  • 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.
  • Source: Press Release

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