Match Group $700 million senior notes offering
The high-yield notes are due 2033
Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering of $700 million aggregate principal amount of 6.125% senior notes due 2033 by Match Group Holdings II, LLC, an indirect wholly owned subsidiary of Match Group, Inc.
Match Group, Inc., through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Match Group, Inc.’s global portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, PlentyOfFish, Azar, BLK, and more, each built to increase its users’ likelihood of connecting with others. Through its trusted brands, Match Group, Inc. provides tailored services to meet the varying preferences of its users. Match Group, Inc.’s services are available in over 40 languages to users all over the world.
The Davis Polk capital markets team included partners Pedro J. Bermeo and Richard D. Truesdell Jr., counsel Jennifer (Ying) Lan and associate Marquis J. Pullen. The tax team included counsel Leslie J. Altus and associate Hunter P Shaw. The intellectual property team included partner Pritesh P. Shah and associates Gabrielle Mazero, Elizabeth Pott and Syma Birenbaum. All members of the Davis Polk team are based in the New York office.