Video: Priceline Plans Debt Offering After Big Acquisitions

By | September 16, 2014

Scalper1 News

Priceline Group Tuesday said that it plans to offersenior notes in an underwritten public offering, subject to market and other conditions. The Norwalk, Conn.-based online travel company says that it plans to use the proceeds for general corporate purposes that might include acquisitions, stock repurchases and repayment of other debt. The company didn’t give a size for its new debt offering. Priceline Group (PCLN) has been buying back shares and Scalper1 News

Scalper1 News