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Published on 8/4/2021 in the Prospect News Bank Loan Daily.

LendingTree readies launch of $250 million term loan for Friday

By Sara Rosenberg

New York, Aug. 4 – LendingTree is scheduled to hold a lender call at 10 a.m. ET on Friday to launch a $250 million term loan, according to a market source.

Truist is the lead on the deal.

Proceeds will be used to refinance existing debt and for general corporate purposes.

LendingTree is a Charlotte, N.C.-based online lending marketplace.


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