Tripadvisor, Inc. Repays Convertible Senior Notes

Tripadvisor, Inc. announced the repayment of its 0.25% Convertible Senior Notes due 2026, totaling $345.4 million, which was funded by cash on hand. The notes, originally issued in March 2021 for $345.0 million, matured on April 1, 2026. No conversions occurred, and no equity was issued in connection with this repayment. The company stated that this action was a repayment at maturity.