Company: MTCH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000891103-25-000027
Chunk: 34

Company: Match Group, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 34
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 Assets(Level 1)Significant Other Observable Inputs(Level 2)TotalFair ValueMeasurements (In thousands)Assets:  Cash equivalents:  Money market funds$125,659 $— $125,659 Time deposits— 75,000 75,000 Short-term investments:  Time deposits— 6,200 6,200 Total$125,659 $81,200 $206,859 

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Table of ContentsMATCH GROUP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Financial instruments measured at fair value only for disclosure purposesThe following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes.December 31, 2024December 31, 2023Carrying ValueFair ValueCarrying ValueFair Value(In thousands)Long-term debt, net (a)(b)$(3,848,983)$(3,578,976)$(3,842,242)$(3,586,177)______________________(a)At December 31, 2024 and 2023, the carrying value of long-term debt, net includes unamortized original issue discount and debt issuance costs of $26.0 million and $32.8 million, respectively.(b)At December 31, 2024, the fair value of the outstanding 2026 Exchangeable Notes and 2030 Exchangeable Notes is $541.2 million and $498.0 million, respectively. At December 31, 2023, the fair value of the outstanding 2026 Exchangeable Notes and 2030 Exchangeable Notes is $517.2 million, and $500.3 million, respectively.At December 31, 2024 and 2023, the fair value of long-term debt, net is estimated using observable market prices or indices for similar liabilities, which are Level 2 inputs.

NOTE 7—LONG-TERM DEBT, NET Long-term debt, net consists of:December 31,20242023(In thousands)Credit Facility due March 20, 2029(a)$— $— Term Loan due February 13, 2027425,000 425,000 5.00% Senior Notes due December 15, 2027 (the “5.00% Senior Notes”); interest payable each June 15 and December 15450,