Expedia Group, Inc. Announces Proposed Private Offering of Senior Notes

BELLEVUE, Wash., Sept. 11, 2019 /PRNewswire/ — Today, Expedia Group, Inc. (“Expedia Group”) announced that it is commencing a private offering of senior unsecured notes (the “Notes”), subject to market and other conditions. If the offering is consummated, Expedia Group 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 Group’s indebtedness and (ii) working capital, capital expenditures and acquisitions.  General corporate purposes may also include, without limitation, dividends, stock repurchases, investments and advances to or other investments in Expedia Group’s subsidiaries. The Notes will be offered and sold only to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.

source https://finance.yahoo.com/news/expedia-group-inc-announces-proposed-125000850.html?.tsrc=rss

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