The Rule 144A offering involved 0% convertible notes due 2026

Davis Polk acted as special product counsel to the initial purchasers in connection with a Rule 144A offering by Expedia Group, Inc. of an aggregate principal amount of $1 billion of its 0% convertible senior notes due 2026, which included $100 million aggregate principal amount of notes issued pursuant to the exercise in full of the initial purchasers’ option to purchase additional notes.

Headquartered in Seattle, Washington, Expedia Group, Inc. is a travel platform formed to power travel and deliver travel experiences on both a local and global basis.

The Davis Polk equity derivatives team included partners Mark J. DiFiore and Mark M. Mendez and associates Stockton Bullitt, Joseph Luizzi and Danielle Forni. The tax team included partner Lucy W. Farr and associate Ben Levenback. All members of the Davis Polk team are based in the New York office.

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