debt
confidence high
sentiment neutral
materiality 0.55
Expedia launches tender offers to buy back up to $500M of senior notes due 2030/2031
Expedia Group, Inc.
- Tender offers for up to $500M aggregate principal of 2.950% notes due 2031 and 3.25% notes due 2030.
- Acceptance priority: 2031 notes (priority 1), 2030 notes (priority 2); early tender payment $50 per $1,000.
- Early tender deadline: Sept 9, 2022 at 5:00 PM ET; expiration: Sept 23, 2022 at 11:59 PM ET.
- Settlement expected Sept 27, 2022; early tenders may settle on Sept 13, 2022.
- Dealer managers: Goldman Sachs and J.P. Morgan; tender agent: D.F. King.