debt
confidence high
sentiment positive
materiality 0.60
Expedia Group to redeem $1.0B of senior notes due 2023 and 2024
Expedia Group, Inc.
- Redeems $500M of 3.600% Senior Notes due 2023 on May 30, 2022.
- Redeems $500M of 4.500% Senior Notes due 2024 on June 13, 2022.
- Redemption prices include make-whole premium (Treasury rate + 50 bps for 2023, +35 bps for 2024) plus accrued interest.
- This reduces outstanding debt by $1.0B; no new debt issuance mentioned.