0001104659-26-058730
SEC filingBooking Holdings issued €1.9 billion aggregate principal amount of senior notes in three tranches due 2030, 2034, and 2039, with interest rates of 3.500%, 4.000%, and 4.500%, respectively.
On May 5, 2026, Booking Holdings entered into an underwriting agreement with Citigroup, Deutsche Bank, Goldman Sachs, and J.P. Morgan to issue €1.9 billion in senior notes across three tranches: €600 million of 3.500% notes due 2030, €700 million of 4.000% notes due 2034, and €600 million of 4.500% notes due 2039. The notes were issued under an existing indenture and are senior unsecured obligations ranking equally with the company's other senior unsecured debt. Interest is payable annually starting May 11, 2027. The notes include make-whole redemption provisions and customary covenants limiting liens and sale/leaseback transactions, with thresholds tied to consolidated net tangible assets. The offering strengthens Booking Holdings' liquidity profile and extends its debt maturity profile, providing financial flexibility for general corporate purposes. The transaction was executed as a registered public offering and closed on May 11, 2026.