Booking Holdings stock raises 3.55 billion euros in senior notes

Published on 11/14/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Booking Holdings stock secured long-term euro financing across four senior-note tranches. B. Riley Securities reiterated its Buy rating.

Debt financing and analyst support

Booking Holdings completed a 3.55 billion euro senior-notes offering across four maturities.
B. Riley Securities reiterated its Buy rating and set a 265 US dollar price target.

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Booking Holdings completed a 3.55 billion euro senior-notes offering on Friday, November 13, adding four fixed-rate tranches to its financing structure. The company had entered the underwriting agreement on Monday, November 9, according to its SEC filing.

Four maturities shape financing

The offering comprises 1.25 billion euros of 3.950% senior notes due in 2029, 800 million euros of 4.375% notes due in 2032, and two 750 million euro tranches due in 2035 and 2038. The latter carry annual rates of 4.750% and 5.000%, respectively. Interest payments begin on November 13, 2027.

The notes are general senior unsecured obligations and rank equally with Booking Holdings' other senior unsecured obligations. The financing gives the online travel group a longer euro debt curve, while the filing does not specify a separate allocation of the proceeds to operating initiatives or shareholder returns.

Analyst view remains constructive

On Thursday, November 12, B. Riley Securities analyst Naved Khan reiterated a Buy rating and set a 265 US dollar price target, as reported by Markets Insider. The note adds a supportive analyst view to a week dominated by the company's new debt financing.

Booking Holdings stock last traded at 144.40 euros on Lang & Schwarz at 10:39 CET on Saturday, November 14.