debt
confidence high
sentiment neutral
materiality 0.55
Expedia issues $1B of 5.500% Senior Notes due 2036; net proceeds ~$986M
Expedia Group, Inc.
- $1,000,000,000 aggregate principal of 5.500% Senior Notes due April 15, 2036, issued April 10, 2026.
- Net proceeds ~$986 million after underwriting discounts and expenses.
- Proceeds for general corporate purposes: debt repayment, dividends, share repurchases, capex, acquisitions.
- Notes are senior unsecured, unsubordinated, ranking equally with existing unsecured debt.
- Underwriters: BofA Securities, Inc. and Citigroup Global Markets Inc.