secwatch.observer — SEC 8-K summary
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Issuer:     Expedia Group, Inc. (EXPE)
CIK:        0001324424
Form:       8-K
Filed at:   2022-04-18T23:59:59+00:00
Accession:  0001104659-22-046661
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expedia Group enters $2.5B revolving credit facility, maturing April 2027
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- New $2.5B unsecured revolving credit facility replaces two prior credit agreements from May and August 2020.
- Facility matures on April 14, 2027, with interest rates based on credit ratings (spread 100-175 bps over Term SOFR/RFR).
- Contains $120M letter of credit sublimit; covenants include maximum consolidated leverage ratio.
- JPMorgan Chase Bank serves as administrative agent; joint lead arrangers include BofA Securities, BNP Paribas, Citibank, Goldman Sachs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324424/000110465922046661/0001104659-22-046661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324424/000110465922046661/tm2212853d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-046661

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