Amount Raised
$1.5 Billion
Round Type
Debt Financing
Palo AltoInformation TechnologySoftwareArtificial IntelligenceDescription
AppLovin Corporation (NASDAQ: APP), a leading marketing software company, today announced the closing of a new, seven year, $1.5 billion term loan. The term loan was issued at 99.75% of the aggregate principal amount and will bear interest at a rate of LIBOR plus 3.00% with a 0.50% LIBOR floor. As previously discussed, the Company intends to use the net proceeds for general corporate purposes, including but not limited to acquisitions.
Who to call at AppLovin Corporation, and when
A new round usually means AppLovin Corporation is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day AppLovin Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at AppLovin Corporation, from your own LinkedIn network
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Fundz sees it the moment AppLovin Corporation raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
AppLovin Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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