AppLovin announced the pricing of a $3.55B public offering of senior notes on November 20, 2024. The offering includes $1B of 5.125% notes due 2029, $1B of 5.375% notes due 2031, $1B of 5.500% notes due 2034, and $550M of 5.950% notes due 2054. The company plans to use the proceeds to repay its senior secured term loan facilities due 2028 and 2030, with any remaining funds for general corporate purposes.The notes will be senior unsecured obligations without subsidiary guarantees. J.P. Morgan Securities, BofA Securities, and Morgan Stanley are acting as joint lead book-running managers. The offering is expected to close on December 5, 2024, subject to customary conditions. It is being made pursuant to an effective shelf registration on Form S-3 filed with the SEC.

AppLovin announced the pricing of a $3.55B public offering of senior notes on November 20, 2024. The offering includes $1B of 5.125% notes due 2029, $1B of 5.375% notes due 2031, $1B of 5.500% notes due 2034, and $550M of 5.950% notes due 2054. The company plans to use the proceeds to repay its senior secured term loan facilities due 2028 and 2030, with any remaining funds for general corporate purposes.The notes will be senior unsecured obligations without subsidiary guarantees. J.P. Morgan Securities, BofA Securities, and Morgan Stanley are acting as joint lead book-running managers. The offering is expected to close on December 5, 2024, subject to customary conditions. It is being made pursuant to an effective shelf registration on Form S-3 filed with the SEC.