---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-036875"
form_type: "8-K"
ticker: "EXPE"
cik: "0001324424"
company_name: "Expedia Group, Inc."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:21:04.419924+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Expedia enters $2.5B revolver, terminates prior facility, releases subsidiary guarantees on notes

## Summary
- New $2.5B unsecured revolving credit facility matures March 27, 2031; no loans drawn at closing.
- Prior April 2022 credit agreement terminated; all commitments and outstanding obligations repaid.
- Subsidiary guarantors automatically released from guarantees on five series of senior notes (3.800% 2028, 3.250% 2030, 4.625% 2027, 2.950% 2031, 5.400% 2035).
- Facility includes $120M letter of credit sublimit; ~$42M in LCs outstanding at closing.
- Pricing tied to credit ratings (1.00%-1.75% for benchmark loans; 0.10%-0.25% commitment fee); leverage ratio covenant applies.

## SEC filing metadata
- accession: 0001104659-26-036875
- form_type: 8-K
- ticker: EXPE
- cik: 0001324424
- company_name: Expedia Group, Inc.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324424/000110465926036875/0001104659-26-036875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324424/000110465926036875/tm269986d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-036875
- JSON: https://secwatch.observer/filing/0001104659-26-036875.json
- Plain text: https://secwatch.observer/filing/0001104659-26-036875.txt

## Source-grounded claims
- claim_id: 851d0a84502fc1326b0c42e7b7bf9266d1211127
  claim: Expedia Group, Inc. incurred credit facility of $2.5 billion with JPMorgan Chase Bank, N.A., as administrative agent at term benchmark loans, ranging from 1.00% to 1.75% per annum maturing March 27, 2031.
  evidence_excerpt: rom time to time, and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “ Administrative Agent ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324424/000110465926036875/0001104659-26-036875-index.htm
- claim_id: 4608054787a34e1e004e9cd3b67b79b17276d58e
  claim: Expedia Group, Inc. terminated Existing Credit Agreement with JPMorgan Chase Bank, N.A. valued at All outstanding commitments terminated and all outstanding obligations repaid (effective 2026-03-27).
  evidence_excerpt: on the Closing Date the Company terminated all outstanding commitments and repaid all outstanding obligations, as applicable, under the Credit Agreement, dated as of April 14, 2022, among the Company and certain subsidiaries of the Company, as borrowers, the lenders party thereto from time to time and JPMorgan Chase Bank, N.A., as administrative agent (as amended, supplemented or otherwise modified from time to time, the “ Existing Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324424/000110465926036875/0001104659-26-036875-index.htm
- claim_id: 84186918853ca571a5326d6c0c035117b62c434e
  claim: Expedia Group, Inc. entered into Revolving Credit Facility with JPMorgan Chase Bank, N.A. valued at $2.5 billion aggregate commitments with $120 million letter of credit sublimit; matures March 27, 20 (effective 2026-03-27).
  evidence_excerpt: On March 27, 2026 (the “ Closing Date ”), Expedia Group, Inc., a Delaware corporation (the “ Company ”), entered into a Credit Agreement (as amended, supplemented or otherwise modified from time to time, the “ Revolving Credit Facility ”) among the Company, as borrower, the lenders party thereto from time to time, and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “ Administrative Agent ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324424/000110465926036875/0001104659-26-036875-index.htm

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