Booking Holdings Inc. Files 8-K on Financial Obligations

Ticker: BKNG · Form: 8-K · Filed: 2024-03-01T00:00:00.000Z

Sentiment: neutral

Topics: debt, financing, filing

Related Tickers: BKNG

TL;DR

BKNG filed an 8-K detailing its various senior notes and their maturity dates.

AI Summary

On February 27, 2024, Booking Holdings Inc. entered into a material definitive agreement related to its financial obligations. The company has various senior notes due in different years, including 2024, 2025, 2026, 2027, 2028, and 2029, with varying interest rates.

Why It Matters

This filing provides transparency into Booking Holdings' ongoing debt obligations and financial commitments, which are crucial for investors assessing the company's financial health.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of existing financial obligations and does not indicate new or unexpected risks.

Key Numbers

Key Players & Entities

FAQ

What specific material definitive agreement did Booking Holdings Inc. enter into on February 27, 2024?

The filing indicates the entry into a material definitive agreement related to financial obligations, but the specific details of the agreement are not fully elaborated in the provided text, beyond referencing various senior notes.

What are the different types of senior notes mentioned in the filing and their respective maturity years?

The filing mentions senior notes due in 2024 (2.375%), 2025 (0.100%), 2026 (4.000%), 2027 (1.800%), 2028 (0.500% and 3.625%), and 2029 (4.250%).

What is the interest rate on Booking Holdings' senior notes due in 2025?

The senior notes due in 2025 have an interest rate of 0.100%.

How many different series of senior notes are listed with maturity dates in 2028?

There are two series of senior notes listed with maturity dates in 2028, one with a 0.500% interest rate and another with a 3.625% interest rate.

What is the filing date of this 8-K report?

This 8-K report was filed on March 1, 2024.

From the Filing

0001104659-24-029963.txt : 20240301 0001104659-24-029963.hdr.sgml : 20240301 20240301160601 ACCESSION NUMBER: 0001104659-24-029963 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 28 CONFORMED PERIOD OF REPORT: 20240227 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240301 DATE AS OF CHANGE: 20240301 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: 24709621 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 tm246940d5_8k.htm FORM 8-K false 0001075531 0001075531 2024-02-27 2024-02-27 0001075531 us-gaap:CommonStockMember 2024-02-27 2024-02-27 0001075531 bkng:A2.375percentSeniorNotesDue2024Member 2024-02-27 2024-02-27 0001075531 bkng:A0.100percentSeniorNotesDue2025Member 2024-02-27 2024-02-27 0001075531 bkng:A4.000percentSeniorNotesDue2026Member 2024-02-27 2024-02-27 0001075531 bkng:A1.800percentSeniorNotesDue2027Member 2024-02-27 2024-02-27 0001075531 bkng:A0.500percentSeniorNotesDue2028Member 2024-02-27 2024-02-27 0001075531 bkng:A3.625percentSeniorNotesDue2028Member 2024-02-27 2024-02-27 0001075531 bkng:A4.250percentSeniorNotesDue2029Member 2024-02-27 2024-02-27 0001075531 bkng:A4.500percentSeniorNotesDue2031Member 2024-02-27 2024-02-27 0001075531 bkng:A4.125percentSeniorNotesDue2033Member 2024-02-27 2024-02-27 0001075531 bkng:A4.750percentSeniorNotesDue2034Member 2024-02-27 2024-02-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     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) February 27, 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 Ma

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