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RSS FeedsExpedia, Inc. Announces Pricing of Private Offering of Senior Notes
(World News USA)

 
 

19 september 2017 07:09:56

 
Expedia, Inc. Announces Pricing of Private Offering of Senior Notes
(World News USA)
 


BELLEVUE, Wash., Sept. 18, 2017/PRNewswire/ -- Today, Expedia, Inc. (`Expedia`) announced that it has agreed to sell $1 billionaggregate principal amount of 3.800% senior unsecured notes due 2028 (the `Notes`) in a private offering. The Notes will be issued at a price of 99.747% of the aggregate principal amount. The Notes will be guaranteed by certain subsidiaries of Expedia. Expedia expects to use the net proceeds from the offering for general corporate purposes, which may include, but are not limited to, (i) repayment, prepayment, redemption or repurchase of Expedia`s indebtedness (including, but not limited to, Expedia`s 7.456% senior notes due 2018) and (ii) working capital, capital...


 
29 viewsCategory: General > North America > USA
 
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