Booking Holdings Updates Senior Notes Information in 8-K Filing

Ticker: BKNG · Form: 8-K · Filed: 2024-01-19T00:00:00.000Z

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.

From the Filing

0001075531-24-000003.txt : 20240119 0001075531-24-000003.hdr.sgml : 20240119 20240119161132 ACCESSION NUMBER: 0001075531-24-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240118 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240119 DATE AS OF CHANGE: 20240119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Booking Holdings Inc. CENTRAL INDEX KEY: 0001075531 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 061528493 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36691 FILM NUMBER: 24545705 BUSINESS ADDRESS: STREET 1: 800 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 203-299-8000 MAIL ADDRESS: STREET 1: 800 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: Priceline Group Inc. DATE OF NAME CHANGE: 20140328 FORMER COMPANY: FORMER CONFORMED NAME: PRICELINE COM INC DATE OF NAME CHANGE: 19981221 8-K 1 bkng-20240118.htm 8-K bkng-20240118 false 0001075531 0001075531 2024-01-18 2024-01-18 0001075531 us-gaap:CommonStockMember 2024-01-18 2024-01-18 0001075531 bkng:A2.375SeniorNotesDueSeptember2024MemberMember 2024-01-18 2024-01-18 0001075531 bkng:A0100SeniorNotesDue2025Member 2024-01-18 2024-01-18 0001075531 bkng:A4000SeniorNotesDue2026Member 2024-01-18 2024-01-18 0001075531 bkng:A1.8SeniorNotesDueMarch2027Member 2024-01-18 2024-01-18 0001075531 bkng:A05SeniorNotesDueMarch2028Member 2024-01-18 2024-01-18 0001075531 bkng:A3625SeniorNotesDue2028Member 2024-01-18 2024-01-18 0001075531 bkng:A4250SeniorNotesDue2029Member 2024-01-18 2024-01-18 0001075531 bkng:A450SeniorNotesDue2031Member 2024-01-18 2024-01-18 0001075531 bkng:A4125SeniorNotesDue2033Member 2024-01-18 2024-01-18 0001075531 bkng:A4750SeniorNotesDue2034Member 2024-01-18 2024-01-18 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM  8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported) January 18, 2024   Booking Holdings Inc. (Exact name of registrant as specified in its charter)   Delaware 1-36691 06-1528493 (State or other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)   800 Connecticut Avenue Norwalk Connecticut 06854 (Address of principal executive offices) (zip code)   Registrant's telephone number, including area code: ( 203 ) 299-8000 N/A  (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐   Soliciting material pursuant to Rule 14a-12  under the Exchange Act (17 CFR 240.14a-12)   ☐             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐             Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class:   Trading Symbol Name of Each Exchange on which Registered: Common Stock par value $0.008 per share   BKNG The NASDAQ Global Select Market 2.375% Senior Notes Due 2024 BKNG 24 The NASDAQ Stock Market LLC 0.100% Senior Notes Due 2025 BKNG 25 The NA