IAC Inc. Announces Pricing of Offering of Senior Secured Notes of Dotdash Meredith

NEW YORK, June 5, 2025 /PRNewswire/ -- IAC Inc. (NASDAQ: IAC) ("IAC") announced today that its wholly owned subsidiary, Dotdash Meredith Inc. ("DDM"), has agreed to sell $400 million aggregate principal amount of 7.625% senior secured notes due 2032 (the "Notes") in a private offering (the "Offering").  The Notes will bear interest at an interest rate of 7.625% per annum and will be issued at 100.00% of their face value.  DDM's obligations under the Notes will be guaranteed on a senior secured basis by cert ...