18.05.2016 19:22:00

The Priceline Group Inc. -- Moody's assigns Baa1 rating to Priceline's senior unsecured note issuance

New York, May 18, 2016 -- Moody's Investors Service ("Moody's") assigned a Baa1 senior unsecured rating to The Priceline Group Inc.'s ("Priceline") proposed notes offering due 2026. The rating outlook is stable. The net proceeds from the debt issuance are expected to be used for general corporate purposes, including share repurchases and acquisitions.

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