Expedia Group, Inc. Notes Offering

Expedia Group, Inc. has announced the completion of a $1,000,000,000 aggregate principal amount offering of 5.500% Senior Notes due 2036. The sale of these notes was completed on April 10, 2026, with net proceeds of approximately $986 million after underwriting discounts and estimated offering expenses. The company intends to use these proceeds for general corporate purposes, including debt repayment, dividends, stock repurchases, working capital, capital expenditures, and acquisitions. The notes were issued under an indenture dated February 21, 2025, as supplemented by a Third Supplemental Indenture dated April 10, 2026. These notes are senior unsecured obligations of the company, ranking equally with existing and future unsecured and unsubordinated obligations. Interest is payable semi-annually at a rate of 5.500% per year, with a maturity date of April 15, 2036. The company may redeem the notes under certain conditions, including a "make-whole" premium before January 15, 2036, and at par thereafter. A change of control triggering event obligates the company to repurchase the notes at 101% of their principal amount. The indenture includes customary covenants and events of default. The offering was made pursuant to a Registration Statement on Form S-3ASR, filed on February 19, 2025.