Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Match Group, Inc. > News item |
Match touts balance sheet, low leverage with no maturities until 2026
By Devika Patel
Knoxville, Tenn., Dec. 1 – Match Group, Inc. executives are pleased with the company’s balance sheet and financial position, with no significant bond maturities until 2027 and leverage levels below management’s targets.
“I feel the company is in very good financial shape,” president and chief financial officer Gary Swidler said at the Wells Fargo TMT Summit on Wednesday.
“We’ve got leverage levels below our targets.
“We refinanced out our maturities a long time ago and put them out far away so that we don’t have a debt maturity until 2026 and, really, the bonds don't start until 2027, so the company is in really good shape from a balance sheet perspective,” he said.
Match is a Dallas-based provider of dating products.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.