Le Lézard
Classified in: Tourism and vacations, Science and technology, Business
Subject: OFR

Priceline Senior Notes due March 2018 to be Settled in Cash


NORWALK, Conn., Feb. 7, 2018 /PRNewswire/ -- The Priceline Group Inc. (Nasdaq: PCLN) announced today that in connection with any conversion of its outstanding 1.0% Convertible Senior Notes due 2018 on or after December 15, 2017, Priceline has elected to pay cash in lieu of 100% of the deliverable shares otherwise issuable upon such conversion (i.e., the "Cash Percentage" is 100%).

About The Priceline Group 
The Priceline Group (NASDAQ: PCLN) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary brands-- Booking.com, priceline.com, KAYAK, agoda.com, Rentalcars.com, and OpenTable. The Priceline Group's mission is to help people experience the world. For more information, visit PricelineGroup.com, and follow us on Twitter @PricelineGroup.

 

SOURCE The Priceline Group Inc.


These press releases may also interest you

at 10:02
BRP AND ITS PRINCIPAL SHAREHOLDER ANNOUNCE CLOSING OF PREVIOUSLY ANNOUNCED SECONDARY OFFERING
BRP Inc. ("BRP" or the "Company") announced today the closing of the previously announced bought deal secondary offering (the "Offering") pursuant to which Bain Capital Integral Investors II, L.P. ("Bain" or the "Selling Shareholder") sold...

at 10:00
HGTV SMART HOME GIVEAWAY 2024 IN ATLANTA, GEORGIA, NOW OPEN FOR ENTRIES
Beginning at 9 a.m. ET today, April 19, 2024, through 5 p.m. ET on June 10, 2024, fans can enter for their chance to win the HGTV® Smart Home 2024 located in Atlanta, Georgia. The prize package, valued at over $1 million, includes a newly renovated,...

at 09:00
Blue Lizard Effect: New Documentary Explores What Makes Aruba The Happiest Island In The World
Today, the One happy island of Aruba is announcing the new documentary series ? Blue Lizard Effect. The limited-series documentary aims to bring viewers along an adventure with actor Jason Silva as he discovers that happiness is fundamentally tied to...

at 08:41
Second time's the charm: Stratus Vineyards launches its 1st wine in re-used bottles
Stratus Vineyards, a leader in innovative and sustainable winemaking, is proud to announce the release of a new, super-premium wine in bottles that are being used for the second time.  They believe this pioneering project marks the first time a North...

at 08:00
Vail Resorts Reports Certain Ski Season Metrics for the Season-to-Date Period Ended April 14, 2024
Vail Resorts, Inc. today reported certain ski season metrics for the comparative periods from the beginning of the ski season through April 14, 2024, and for the prior year period through April 16, 2023. The reported ski season metrics are for the...

at 08:00
He Shoots, He Scores! Air Canada Introduces New Sports Channels to Live TV Service Just in Time for the Stanley Cup Playoffs
Air Canada today announced the addition of three new Live TV sports channels to its award-winning in-flight entertainment (IFE) system. Just in time for the start of the Stanley Cup Playoffs, Sportsnet ONE and Sportsnet East are available today,...

More news about Tourism and vacations...


News published on and distributed by: