IAC/InteractiveCorp’s Dotdash Meredith Completes $400M Note Offering

IAC/InteractiveCorp. ( (IAC) ) just unveiled an announcement.

On June 16, 2025, Dotdash Meredith Inc., a subsidiary of IAC/InteractiveCorp, completed a private offering of $400 million in Senior Secured Notes due 2032. These notes, which bear a 7.625% interest rate, were issued to qualified institutional buyers in the U.S. and non-U.S. investors, with proceeds used to repay existing debt and cover related expenses. Concurrently, DDM entered into an amended credit agreement, establishing a new $700 million term loan B facility to replace a previous $1.18 billion facility. This strategic financial restructuring aims to optimize DDM’s capital structure and enhance its financial flexibility, impacting its operations and potentially benefiting stakeholders.

The most recent analyst rating on (IAC) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on IAC/InteractiveCorp. stock, see the IAC Stock Forecast page.

Spark’s Take on IAC Stock

According to Spark, TipRanks’ AI Analyst, IAC is a Neutral.

IAC’s overall stock score reflects a balance of strengths and challenges. The company’s strong balance sheet and strategic initiatives, such as the Angi spin-off and share repurchases, are significant positives. However, inconsistent financial performance and valuation concerns temper the outlook. The stock shows potential for growth but carries risks, particularly in achieving consistent profitability.

To see Spark’s full report on IAC stock, click here.

More about IAC/InteractiveCorp.

IAC/InteractiveCorp is a company involved in various industries through its subsidiaries, including Dotdash Meredith Inc. (DDM), which focuses on digital and media services.

Average Trading Volume: 1,155,124

Technical Sentiment Signal: Sell

Current Market Cap: $3.02B

See more data about IAC stock on TipRanks’ Stock Analysis page.