Tripadvisor Repays Convertible Senior Notes
NEEDHAM, Mass., April 6, 2026 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) today announced it repaid its 0.25% Convertible Senior Notes due 2026 ("2026 Senior Notes"), at maturity, for $345.4 million, consisting of principal and accrued interest, funded by cash on hand. No holders converted, and no equity was issued in connection with this maturity.
The 2026 Senior Notes were originally issued in March 2021 for an aggregate principal amount of $345.0 million due April 1, 2026 in a private offering to qualified institutional buyers.
Tripadvisor, Inc. (Nasdaq: TRIP) connects people to experiences worth sharing, and aims to be the world's most trusted source for travel and experiences. We leverage our brands, technology, and capabilities to connect our global audience with partners through rich content, travel guidance, and two-sided marketplaces for experiences, restaurants, and other travel categories such as hotels. The Tripadvisor Group includes a portfolio of travel brands and businesses, including Tripadvisor, Viator, and TheFork.
TRIP-G
SOURCE Tripadvisor
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Metals X Downgraded to Hold from Buy by Canaccord Genuity
FleetPartners Downgraded to Hold from Buy by Canaccord Genuity
BlackRock’s BUIDL Reclaims Lead in Tokenized U.S. Treasury Market
Boss Energy Price Target Raised 31% to A$1.80/Share by Euroz Hartleys
Crypto prices
More
