(Reuters) - In a filing with the U.S. Securities and Exchange Commission, the top online travel company said its debt would rise to about $4.1 billion if it completed the buyback at the top of the range it set. That compares with its debt of about $500 million as of June 15.
"This indebtedness could adversely affect Expedia's ability to raise additional capital to fund its operations and react to changes in the economy or our industry," the company said in the filing.
Read more at Reuters.com Bonds News
"This indebtedness could adversely affect Expedia's ability to raise additional capital to fund its operations and react to changes in the economy or our industry," the company said in the filing.
Read more at Reuters.com Bonds News
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