Tripadvisor to offer $500 million of five-year bonds
7/7/2020 3:53:41 PM
marketwatch-


Tripadvisor inc. TRIP, -2.77% said Tuesday it plans to offer $500 million of new senior notes that mature in 2025, joining the many companies raising capital during the coronavirus pandemic. Proceeds will be used for general corporate purposes. Shares were slightly higher premarket, but have fallen 36% in 2020, while the S&P 500 SPX, -0.37% has fallen 1.6%.