LendingTree announced it has repurchased approximately $190M in aggregate principal amount of its outstanding 0.50% Convertible Senior Notes due 2025. In total, the company paid approximately $156.4M in cash through separate and individually negotiated transactions with certain holders to retire the notes.
Published first on TheFly
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Read More on TREE:
- LendingTree price target lowered to $43 from $53 at BofA
- LendingTree downgraded on reduced estimates at Susquehanna
- LendingTree price target raised to $40 from $35 at Oppenheimer
- LendingTree downgraded to Neutral from Positive at Susquehanna
- LendingTree sees FY23 revenue $935M-$985M, consensus $985.62M
