05:54 PM EST, 11/20/2024 (MT Newswires) -- AppLovin ( APP ) said late Wednesday it priced a $3.55 billion public offering of its senior notes.

The offering comprises $1 billion of 5.125% notes due 2029, $1 billion of 5.375% notes due 2031, $1 billion of 5.5% notes due 2034, and $550 million of 5.95% notes due 2054.

The company said it expects the offering to close on Dec. 5 and plans to use the net proceeds to fully repay its senior secured term loan facility due 2028 and its senior secured term loan facility due 2030, among other things.

AppLovin ( APP ) shares were up 1.2% in after-hours activity.