Loan & DebtApr 10, 2026, 04:41 PM
Expedia Group Issues $1 Billion in 5.500% Senior Notes Due 2036
AI Summary
Expedia Group, Inc. completed an offering of $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2036. The company entered into an Underwriting Agreement on April 8, 2026, and completed the sale on April 10, 2026. The net proceeds, approximately $986 million, are intended for general corporate purposes, including debt repayment, dividends, stock repurchases, and funding for working capital, capital expenditures, and acquisitions.
Key Highlights
- Expedia Group issued $1,000,000,000 aggregate principal amount of Senior Notes.
- The Notes carry an interest rate of 5.500% and are due in 2036.
- Net proceeds from the offering were approximately $986 million.
- Proceeds will be used for general corporate purposes, including debt repayment, dividends, stock repurchases, and acquisitions.