Booking Holdings Inc. Convertible Senior Notes due September 2021 to be Settled in Cash
NORWALK, Conn., Aug. 9, 2021 — Booking Holdings Inc. (NASDAQ: BKNG) announced today that, in connection with any conversion of its outstanding 0.90% Convertible Senior Notes due September 2021 on or after June 15, 2021, it 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 Booking Holdings Inc.
Booking Holdings (NASDAQ: BKNG) is the world’s leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through six primary consumer-facing brands: Booking.com, Priceline, Agoda, Rentalcars.com, KAYAK and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. For more information, visit BookingHoldings.com and follow us on Twitter @BookingHoldings.