DALLAS, Feb. 8, 2019 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today
that it has agreed to sell $350 million aggregate principal amount of 5.625% senior notes due 2029
(the "Notes") in an upsized private offering (the "Offering"). The Offering is expected to close on February 15, 2019.
Match Group intends to use the proceeds of the Offering to repay borrowings under its existing revolving credit facility, to
pay expenses associated with the Offering, and for general corporate purposes.
The Offering is being 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 (NASDAQ: MTCH) is a leading provider of dating products available in over 40 languages to our users all over the
world through applications and websites we own and operate. We operate a portfolio of brands, including Tinder, Match,
PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as a number of other brands, each designed to increase our
users' likelihood of finding a meaningful connection. Through our portfolio of trusted brands, we provide tailored products
to meet the varying preferences of our users.
Forward-Looking Statements
This press release contains forward-looking statements regarding the future performance of Match Group, within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements are subject to a variety of risks and uncertainties
that could cause actual results to differ materially from current expectations. These risks and uncertainties include, but
are not limited to, Match Group's ability to consummate the Offering. Additional cautionary statements regarding other risk
factors that could have an effect on the future performance of Match Group are contained in its filings with the SEC, including
its reports on Forms 10-K, 10-Q and 8-K. Match Group undertakes no obligation to release publicly the result of any
revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
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SOURCE Match Group