Loan & DebtMay 7, 2026, 04:57 PM
Booking Holdings Issues $750M 5.375% Senior Notes Due 2036
AI Summary
Booking Holdings Inc. executed an Officers' Certificate for the sale of $750 million aggregate principal amount of 5.375% Senior Notes due 2036. These senior unsecured obligations will mature on May 7, 2036, with semi-annual interest payments commencing November 7, 2026. The company retains the option to redeem the notes early under specified terms.
Key Highlights
- Booking Holdings issued $750,000,000 aggregate principal amount of Senior Notes.
- The Senior Notes carry a 5.375% semi-annual interest rate.
- The notes will mature on May 7, 2036.
- Interest payments will be made semi-annually on May 7 and November 7, starting November 7, 2026.
- The company may redeem the notes early under specific conditions prior to February 7, 2036, and at par thereafter.
- The offering was underwritten by Citigroup, Deutsche Bank, Goldman Sachs, and J.P. Morgan.