Booking Holdings Updates Senior Notes Information in 8-K Filing
Ticker: BKNG · Form: 8-K · Filed: Jan 19, 2024 · CIK: 1075531
| Field | Detail |
|---|---|
| Company | Booking Holdings INC. (BKNG) |
| Form Type | 8-K |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.008 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: debt, corporate-governance, 8-K, senior-notes
TL;DR
**Booking Holdings just updated its debt info, showing various senior notes due through 2034.**
AI Summary
Booking Holdings Inc. filed an 8-K on January 19, 2024, reporting an event that occurred on January 18, 2024. This filing primarily updates information regarding the company's various senior notes, including those due in September 2024, 2025, 2026, March 2027, March 2028, 2028, 2029, 2031, 2033, and 2034. While the filing mentions 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' the provided text does not contain specific details about any such changes, focusing instead on the debt instruments. For investors, this matters because it provides current information on the company's outstanding debt obligations, which can impact its financial health and future borrowing capacity.
Why It Matters
This filing provides transparency on Booking Holdings' current debt structure, which is crucial for assessing its financial leverage and risk profile. Understanding these obligations helps investors gauge the company's ability to meet its financial commitments.
Risk Assessment
Risk Level: low — This filing is informational regarding existing debt instruments and does not indicate new risks or significant changes to the company's financial standing.
Analyst Insight
Investors should review Booking Holdings' full financial statements to understand the complete context of these senior notes and their impact on the company's overall debt profile and liquidity.
Key Numbers
- 2024-01-18 — Date of earliest event reported (The date the reported event occurred.)
- 2024-01-19 — Filed as of date (The date the 8-K filing was submitted to the SEC.)
- 001-36691 — Commission File Number (Booking Holdings Inc.'s SEC file number.)
- 203-299-8000 — Business Phone (Booking Holdings Inc.'s business telephone number.)
Key Players & Entities
- Booking Holdings Inc. (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for Booking Holdings Inc.
- Norwalk, Connecticut (company) — principal executive offices of Booking Holdings Inc.
- Priceline Group Inc. (company) — former name of Booking Holdings Inc. until 20140328
- PRICELINE COM INC (company) — former name of Booking Holdings Inc. until 19981221
Forward-Looking Statements
- Booking Holdings will continue to manage its debt obligations as they mature. (Booking Holdings Inc.) — high confidence, target: 2034
FAQ
What is the purpose of this 8-K filing by Booking Holdings Inc.?
The 8-K filing by Booking Holdings Inc. on January 19, 2024, reports an event that occurred on January 18, 2024, primarily updating information related to the company's various senior notes and potentially changes in directors/officers or compensatory arrangements, as indicated by the ITEM INFORMATION sections.
What specific types of debt instruments are mentioned in this filing?
The filing specifically mentions several series of senior notes, including 'A2.375 Senior Notes Due September 2024', 'A0100 Senior Notes Due 2025', 'A4000 Senior Notes Due 2026', 'A1.8 Senior Notes Due March 2027', 'A05 Senior Notes Due March 2028', 'A3625 Senior Notes Due 2028', 'A4250 Senior Notes Due 2029', 'A450 Senior Notes Due 2031', 'A4125 Senior Notes Due 2033', and 'A4750 Senior Notes Due 2034'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 18, 2024.
What were the previous names of Booking Holdings Inc.?
Booking Holdings Inc. was formerly known as Priceline Group Inc. until March 28, 2014, and before that, it was known as PRICELINE COM INC until December 21, 1998.
Does this filing provide specific details about any changes in directors or officers?
While the ITEM INFORMATION section lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers', the provided text of the filing does not contain specific details or names regarding any such changes.
Filing Stats: 766 words · 3 min read · ~3 pages · Grade level 9.7 · Accepted 2024-01-19 16:11:32
Key Financial Figures
- $0.008 — ich Registered: Common Stock par value $0.008 per share BKNG The NASDAQ Global Select
Filing Documents
- bkng-20240118.htm (8-K) — 48KB
- exhibit991goulden.htm (EX-99.1) — 13KB
- 0001075531-24-000003.txt ( ) — 290KB
- bkng-20240118.xsd (EX-101.SCH) — 5KB
- bkng-20240118_def.xml (EX-101.DEF) — 19KB
- bkng-20240118_lab.xml (EX-101.LAB) — 42KB
- bkng-20240118_pre.xml (EX-101.PRE) — 21KB
- bkng-20240118_htm.xml (XML) — 10KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Letter Agreement Amendment, dated January 18, 2024 by and between the Company and David I. Goulden. 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BOOKING HOLDINGS INC. By: /s/ Peter J. Millones Name: Peter J. Millones Title: Executive Vice President and General Counsel Date: January 19, 2024