Summary
Expedia Group, Inc. (EXPE) announced on July 7, 2020, its intention to launch an offering of senior unsecured notes. This offering, structured as a private placement to qualified institutional buyers and certain non-U.S. persons, aims to raise capital through the issuance of new debt. Investors should note that this announcement does not constitute an offer to sell or a solicitation of an offer to buy any securities. The specific terms and conditions of the notes will be detailed in a preliminary private placement offering memorandum. The company also included standard forward-looking statements, cautioning that actual results may differ materially due to various risks and uncertainties, particularly those detailed in its SEC filings.
Key Highlights
- 1Expedia Group intends to offer senior unsecured notes.
- 2The offering is a private placement to qualified institutional buyers and certain non-U.S. persons.
- 3The offering is made pursuant to Rule 144A and Regulation S under the Securities Act.
- 4A preliminary private placement offering memorandum will govern the terms of the notes.
- 5The filing explicitly states this is not an offer to sell or a solicitation to buy securities.
- 6The company reiterates forward-looking statements are subject to risks and uncertainties.
Frequently Asked Questions
This 8-K filing announces Expedia Group's intention to conduct an offering of senior unsecured notes via a private placement.
The notes are being offered to qualified institutional buyers (pursuant to Rule 144A) and certain non-U.S. persons (pursuant to Regulation S).
No, this filing announces the intent to offer the notes. The actual offering and sale will be made through a preliminary private placement offering memorandum, and this report itself does not constitute an offer to sell or a solicitation to buy.
Expedia Group intends to offer senior unsecured notes.