| Schedule of Long-term Debt |
Long-term debt consists of: | | | | | | | | | | December 31, | | 2016 | | 2015 | | (In thousands) | Match Group Debt: | | | | 6.75% Senior Notes due December 15, 2022 (the "2015 Match Group Senior Notes"); interest payable each June 15 and December 15, which commenced on June 15, 2016 | $ | 445,172 |
| | $ | 445,172 |
| 6.375% Senior Notes due June 1, 2024 (the "2016 Match Group Senior Notes"); interest payable each June 1 and December 1, which commenced on December 1, 2016 | 400,000 |
| | — |
| Match Group Term Loan due November 16, 2022 (a) | 350,000 |
| | 800,000 |
| Total Match Group long-term debt | 1,195,172 |
| | 1,245,172 |
| Less: Current maturities of Match Group long-term debt | — |
| | 40,000 |
| Less: Unamortized original issue discount and original issue premium, net | 5,245 |
| | 11,691 |
| Less: Unamortized debt issuance costs | 13,434 |
| | 16,610 |
| Total Match Group debt, net of current maturities | 1,176,493 |
| | 1,176,871 |
| | | | | IAC Debt: | | | | 4.875% Senior Notes due November 30, 2018 (the "2013 Senior Notes"); interest payable each May 30 and November 30, which commenced on May 30, 2014 | 390,214 |
| | 500,000 |
| 4.75% Senior Notes due December 15, 2022 (the "2012 Senior Notes"); interest payable each June 15 and December 15, which commenced on June 15, 2013 | 38,109 |
| | 54,732 |
| Total IAC long-term debt | 428,323 |
| | 554,732 |
| Less: Current portion of IAC long-term debt | 20,000 |
| | — |
| Less: Unamortized debt issuance costs | 2,332 |
| | 4,649 |
| Total IAC debt, net of current portion | 405,991 |
| | 550,083 |
| | | | | Total long-term debt, net of current portion | $ | 1,582,484 |
| | $ | 1,726,954 |
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________________________ | | (a) | The Match Group Term Loan matures on November 16, 2022; provided that, if any of the 2015 Match Group Senior Notes remain outstanding on the date that is 91 days prior to the maturity date of the 2015 Match Group Senior Notes, the Match Group Term Loan maturity date shall be the date that is 91 days prior to the maturity date of the 2015 Match Group Senior Notes. |
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| Schedule of Debt Instrument Redemption |
Thereafter, these notes may be redeemed at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on June 1 of the years indicated below: | | | | | Year | | Percentage | 2019 | | 104.781 | % | 2020 | | 103.188 | % | 2021 | | 101.594 | % | 2022 and thereafter | | 100.000 | % |
Thereafter, the 2015 Match Group Senior Notes may be redeemed at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on December 15 of the years indicated below: | | | | | Year | | Percentage | 2017 | | 102.375 | % | 2018 | | 101.583 | % | 2019 | | 100.792 | % | 2020 and thereafter | | 100.000 | % |
The Company may redeem the 2013 Senior Notes at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on November 30 of the years indicated below: | | | | | Year | | Percentage | 2016 | | 101.625 | % | 2017 and thereafter | | 100.000 | % |
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| Schedule of Aggregate Contractual Maturities of Long-term Debt |
Long-term debt maturities: | | | | | Years Ending December 31, | (In thousands) | 2018 | $ | 390,214 |
| 2022 | 833,281 |
| 2024 | 400,000 |
| Total | 1,623,495 |
| Less: Current portion of long-term debt | 20,000 |
| Less: Unamortized original issue discount and original issue premium, net | 5,245 |
| Less: Unamortized debt issuance costs | 15,766 |
| Total long term debt, net of current portion | $ | 1,582,484 |
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