LendingTree, Inc. recently disclosed details of a credit agreement dated August 21, 2025.
The agreement involves multiple parties, including Bank of America, N.A. as the Administrative Agent and Collateral Agent.
Key provisions in the agreement cover commitments, loans, borrowings, fees, and interest calculations.
Parties Involved
LendingTree, Inc., Bank of America, N.A., and TRUIST SECURITIES, INC. are key parties in the agreement.
Defined Terms
The agreement includes specific definitions of terms used throughout the document to ensure clarity and consistency.
Financial Statements
LendingTree, Inc. is required to provide financial statements and relevant information to maintain compliance.
Negative Covenants
The agreement includes restrictions on certain activities, such as incurring additional indebtedness or creating liens.
- This credit agreement signifies LendingTree, Inc.'s strategic financial management to secure necessary funding for operations and growth.
- By engaging multiple parties and setting clear terms, LendingTree, Inc. aims to strengthen its financial position and maintain transparency in its dealings.
The disclosure of this credit agreement highlights LendingTree, Inc.'s commitment to responsible financial practices and transparency in its agreements.