AI English summary of an SEC filing — figures as filed
Booking Holdings BKNGThe company said it entered into underwriting agreements with the representatives of the underwriters on November 18, 2024, under which it would issue and sell senior notes with total principal of €1,800,000,000 in a registered public offering.
Key points
AI summaryThe company said it entered into underwriting agreements with the representatives of the underwriters on November 18, 2024, under which it would issue and sell senior notes with total principal of €1,800,000,000 in a registered public offering.
The company entered into 3 Officers' Certificates on November 21, 2024 in connection with the sale of €600,000,000 senior notes due 2032 bearing 3.250% interest, €500,000,000 senior notes due 2037 bearing 3.750% interest, and €700,000,000 senior notes due 2045 bearing 3.875% interest.
The company said the 2032 and 2037 notes mature on November 21, 2032 and November 21, 2037, respectively, and the 2045 notes mature on March 21, 2045. It said interest on the 2032 and 2037 notes is payable annually on November 21, beginning on November 21, 2025, and interest on the 2045 notes is payable annually on March 21, beginning on March 21, 2025.
The company said it may redeem the 2032 and 2037 notes before the par call date, which is 3 months before maturity, and the 2045 notes before the par call date, which is 6 months before maturity, at a make-whole price based on the Comparable Government Bond Rate plus 20 basis points and 25 basis points, respectively. After those dates, it may redeem the notes at 100% of principal plus accrued and unpaid interest.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
€1,800,000,000 Senior Notes Underwriting Agreement
The company said it entered into underwriting agreements with the representatives of the underwriters on November 18, 2024, under which it would issue and sell senior notes with total principal of €1,800,000,000 in a registered public offering.
Source · Based on the filing body and exhibits
Principal and Coupons for 3 Series of Senior Notes
The company entered into 3 Officers' Certificates on November 21, 2024 in connection with the sale of €600,000,000 senior notes due 2032 bearing 3.250% interest, €500,000,000 senior notes due 2037 bearing 3.750% interest, and €700,000,000 senior notes due 2045 bearing 3.875% interest.
Source · Based on the filing body and exhibits
Maturity Dates and Interest Payment Schedule
The company said the 2032 and 2037 notes mature on November 21, 2032 and November 21, 2037, respectively, and the 2045 notes mature on March 21, 2045. It said interest on the 2032 and 2037 notes is payable annually on November 21, beginning on November 21, 2025, and interest on the 2045 notes is payable annually on March 21, beginning on March 21, 2025.
Source · Based on the filing body and exhibits
Redemption Terms
The company said it may redeem the 2032 and 2037 notes before the par call date, which is 3 months before maturity, and the 2045 notes before the par call date, which is 6 months before maturity, at a make-whole price based on the Comparable Government Bond Rate plus 20 basis points and 25 basis points, respectively. After those dates, it may redeem the notes at 100% of principal plus accrued and unpaid interest.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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