LENDINGTREE ANNOUNCES CLOSING OF $475 MILLION CREDIT FACILITY

New Financing Reduces Interest Expense, Removes Cumbersome Covenants, and Increases Operating Flexibility

CHARLOTTE, N.C., Aug. 22, 2025 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), the nation's leading online financial services marketplace, today announced the successful closing of a $475 million credit facility, consisting of a new $400 million five-year Term Loan B and a $75 million revolving credit facility. The financing replaces the company's existing Term Loan B due 2028 and its loan agreement with Apollo, delivering significant benefits to LendingTree's capital structure and strategic flexibility.

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