MATCH GROUP,INC. (NASDAQ:MTCH) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive
Agreement.

On December8, 2016, Match Group,Inc. (the Company) entered into
Amendment No.3 (the Third Amendment) to that certain credit
agreement, dated as of October7, 2015, as amended and restated as
of November16, 2015, as further amended as of December16, 2015,
with JPMorgan Chase Bank, N.A., as administrative agent, and
certain lenders party thereto (the Existing Credit Agreement and,
as amended by the Third Amendment, the Amended Credit Agreement).

The Third Amendment reduced the applicable interest rate margin
by 1.25% per annum and reduced the LIBOR floor by 0.25% per annum
with respect to amounts outstanding under the Companys term loan
facility, and made certain other changes. Amounts outstanding
under the term loan facility bear interest, at the Companys
option, at a base rate or LIBOR plus 2.25% per annum or 3.25% per
annum, respectively, with, in the case of LIBOR, a floor of 0.75%
per annum. No regular amortization is required with respect to
amounts outstanding under the term loan facility.

The restrictive covenants, maturity date and events of default in
the Amended Credit Agreement are unchanged from the provisions in
the Existing Credit Agreement.

As of the date of this report, $350.0 million aggregate principal
amount is outstanding under the term loan facility under the
Amended Credit Agreement, which amount reflects a voluntary
prepayment in the aggregate principal amount of $40.0 million
immediately prior to the execution the Third Amendment.

The foregoing description of the Third Amendment is not intended
to be complete and is qualified in its entirety by reference to
the Third Amendment, a copy of which is attached hereto as
Exhibit10.1, and incorporated herein by reference.

Item 9.01 Financial Statements and
Exhibits.

About MATCH GROUP, INC. (NASDAQ:MTCH)

Match Group, Inc. is a provider of dating products. The Company operates in two segments: Dating and Non-dating. Its Dating segment provides dating products and the Company’s Non-dating segment provides various education services, including test preparation, academic tutoring and college counseling services. It operates The Princeton Review, which provides various educational test preparation, academic tutoring and college counseling services. The Princeton Review includes Tutor.com and The Princeton Review. The Company operates a portfolio of over 45 brands, including Match, OkCupid, PlentyOfFish, Tinder, Meetic, Twoo, OurTime, BlackPeopleMeet and FriendScout24, each designed to manage its users’ likelihood of finding a romantic connection. Through its portfolio of brands, it provides tailored products to meet the varying preferences of its users. It offers its dating products in approximately 38 languages across over 190 countries.

MATCH GROUP, INC. (NASDAQ:MTCH) Recent Trading Information

MATCH GROUP, INC. (NASDAQ:MTCH) closed its last trading session down -0.22 at 18.16 with 771,725 shares trading hands.