UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 1.02. Termination of a Material Definitive Agreement
On September 29, 2020, IAC Group, LLC, a wholly-owned subsidiary of the Registrant (“IAC Group”), gave notice to JPMorgan Chase Bank, N.A. (“JP Morgan”) that effective October 2, 2020 (the “Effective Date”), the Second Amended and Restated Credit Agreement, dated as of November 5, 2018, by and among IAC Group, as borrower, JPMorgan, as collateral agent and administrative agent, the financial institutions party thereto, as lenders, and the other agents, arrangers and bookrunners identified therein (the “November 2018 Credit Agreement”) shall terminate in whole.
The terms of the November 2018 Credit Agreement are summarized in the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on November 9, 2018 (SEC File No. 000-20570), which is incorporated herein by reference.
As of the Effective Date, there were no borrowings outstanding under the November 2018 Credit Agreement, and following the payment of all required fees due and payable, the November 2018 Credit Agreement was terminated. The decision to terminate the November 2018 Credit Agreement was made by the Registrant in the ordinary course of business.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
IAC/INTERACTIVECORP | ||
By: | /s/ GREGG WINIARSKI | |
Name: | Gregg Winiarski | |
Title: | Executive Vice President, General Counsel & Secretary |
Date: October 5, 2020