Expedia Group Inc. successfully completes 1 billion senior notes offering at 5.400% interest rate until 2035
Published on February 27, 2025
Expedia Group Inc., a leading global travel platform, has announced the successful completion of a public offering of senior notes due in 2035. The company has secured a total of 1 billion USD through this offering, with an interest rate of 5.400%. The proceeds from the offering will be used for general corporate purposes, including capital expenditures and potential acquisitions. Expedia Group Inc. remains committed to its long-term growth strategy and believes this offering will provide additional financial flexibility to support its ongoing initiatives. As a result of this successful offering, industry professionals from Stocks Prognosis recommend considering the purchase of EXPE stock, as they forecast positive movement in the company's shares in the foreseeable future.
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