---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-123092"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T18:00:29.867110+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dotdash Meredith reprices $1.18B term loans; margin cut by 50 bps

## Summary
- $1,182,500,000 in existing term B loans replaced with new term B loans at reduced interest rate margin.
- Interest margin reduced to 2.50% (base rate) and 3.50% (benchmark), down from 3.00% and 4.00%.
- $30M prepayment of existing term B loans made immediately prior to amendment effective date.
- Maturity unchanged at December 1, 2028; amendment effective November 26, 2024.

## SEC filing metadata
- accession: 0001104659-24-123092
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000110465924123092/0001104659-24-123092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000110465924123092/tm2429516d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-123092
- JSON: https://secwatch.observer/filing/0001104659-24-123092.json
- Plain text: https://secwatch.observer/filing/0001104659-24-123092.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.