September 25, 2017 / 8:37 PM / 23 days ago

BRIEF-IAC announces proposed private offering of exchangeable senior notes

Sept 25 (Reuters) - IAC/Interactivecorp

* IAC announces proposed private offering of exchangeable senior notes

* IAC/Interactivecorp - To offer $400 million aggregate principal amount of exchangeable senior notes due 2022

* IAC/Interactivecorp - Intends to cause IAC Financeco Inc to use portion of proceeds of offering to pay premium on exchangeable note hedge transactions​

* IAC/Interactivecorp - ‍ IAC Financeco expects to enter privately negotiated exchangeable note hedge transactions with one or more of initial purchasers Source text for Eikon: Further company coverage:

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