Cahill Represents Placement Agent in a Registered Direct Offering by Match Group, Inc. and the Initial Purchasers in a Notes Offering by Match Group Holdings II, LLC
Date: 10/04/21
Cahill represented (i) the placement agent in connection with a registered direct offering of 5,534,098 shares of common stock of Match Group, Inc. at a price of $158.83 per share, resulting in net proceeds of approximately $879 million, and (ii) the initial purchasers in connection with a Rule 144A offering of $500 million aggregate principal amount of 3.625% senior notes due 2031 by Match Group Holdings II, LLC, an indirect wholly owned subsidiary of Match Group, Inc. Match Group, Inc. used the net proceeds from the registered direct offering and the notes offering to repurchase certain exchangeable notes issued by its indirect wholly owned subsidiary, Match Group Holdings II, LLC, pursuant to privately negotiated agreements with a limited number of current holders of such exchangeable notes. Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas.