---
schema_version: "secwatch.filing_event.v1"
accession: "0001606745-23-000027"
form_type: "8-K"
ticker: null
cik: "0001606745"
company_name: "Liberty TripAdvisor Holdings, Inc."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:53:58.024413+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Tripadvisor amends credit agreement: $500M revolver extended to 2028, leverage covenant raised to 4.5x

## Summary
- $500M revolving credit facility matures June 29, 2028, replacing prior May 2024 maturity.
- Total net leverage ratio increased from 3.5x to 4.5x; LIBOR replaced with SOFR benchmark.
- Pricing grid revised to adjust ABR Spread, Term/Benchmark/RFR Spread, and Commitment Fee Rates.
- Facility adds ability to incur incremental facilities subject to conditions.
- Obligations secured by substantially all assets of Tripadvisor and subsidiary loan parties.

## SEC filing metadata
- accession: 0001606745-23-000027
- form_type: 8-K
- cik: 0001606745
- company_name: Liberty TripAdvisor Holdings, Inc.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606745/000160674523000027/0001606745-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606745/000160674523000027/ltrpa-20230629x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606745-23-000027
- JSON: https://secwatch.observer/filing/0001606745-23-000027.json
- Plain text: https://secwatch.observer/filing/0001606745-23-000027.txt

## Key facts
- Debt Financings
  Liberty TripAdvisor Holdings, Inc. amended revolving credit of $500.0 million with JPMorgan Chase Bank, N.A., as Administrative Agent maturing June 29, 2028.
  - Instrument: revolving credit
  - Principal: $500.0 million
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Maturity: June 29, 2028
  - Event: amendment
  source text: The Restated Credit Agreement provides for a $500.0 million revolving credit facility maturing June 29, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606745/000160674523000027/0001606745-23-000027-index.htm
- Material Agreements
  Liberty TripAdvisor Holdings, Inc. entered into Amendment and Restatement Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent valued at $500.0 million revolving credit facility (effective 2023-06-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Value: $500.0 million revolving credit facility
  - Effective: 2023-06-29
  source text: On June 29, 2023, Tripadvisor, Inc., a Delaware corporation (“Tripadvisor”), Tripadvisor Holdings, LLC, a Massachusetts limited liability company (“Holdings”), and Tripadvisor LLC, a Delaware limited liability company, entered into the Amendment and Restatement Agreement (the “Restated Credit Agreement”), among Tripadvisor, Holdings, Tripadvisor LLC, the other Borrowers party thereto, the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent. The Restated Credit Agreement provides for a $500.0 million revolving credit facility maturing June 29, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606745/000160674523000027/0001606745-23-000027-index.htm

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