ANGI Inc. Secures $175 Million Senior Secured Revolving Credit Facility

Reuters11-11

ANGI Inc. Secures $175 Million Senior Secured Revolving Credit Facility

ANGI Group, LLC, a subsidiary of ANGI Inc., has entered into a new Credit Agreement with JPMorgan Chase Bank, N.A. serving as administrative and collateral agent, along with a group of lenders and issuing banks. The agreement, dated November 6, 2025, establishes a senior secured revolving credit facility totaling $175 million, which includes a $25 million sublimit for letters of credit. The facility is intended for working capital and general corporate purposes, including the repayment and repurchase of Senior Notes. The agreement imposes customary covenants and requires the company to maintain a maximum total net leverage ratio of 4.00 to 1.00 under certain conditions. The facility is secured by first priority liens on substantially all personal property assets of ANGI Group and its material domestic subsidiaries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ANGI Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001705110-25-000138), on November 10, 2025, and is solely responsible for the information contained therein.

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Secures $175 Million Senior Secured Revolving Credit Facility\n    \n\n        ANGI Group, LLC, a subsidiary of ANGI Inc., has entered into a new Credit Agreement with JPMorgan Chase Bank, N.A. serving as administrative and collateral agent, along with a group of lenders and issuing banks. The agreement, dated November 6, 2025, establishes a senior secured revolving credit facility totaling $175 million, which includes a $25 million sublimit for letters of credit. The facility is intended for working capital and general corporate purposes, including the repayment and repurchase of Senior Notes. The agreement imposes customary covenants and requires the company to maintain a maximum total net leverage ratio of 4.00 to 1.00 under certain conditions. 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