An announcement from TripAdvisor ( (TRIP) ) is now available.
On March 20, 2025, TripAdvisor announced the establishment of Tack-On Incremental Term B Loans under an amended credit agreement. This financial move, involving multiple lenders and led by Goldman Sachs, aims to support general corporate purposes, including refinancing existing senior notes and covering associated costs. The initiative is expected to enhance TripAdvisor’s financial flexibility and operational capacity.
More about TripAdvisor
TripAdvisor, Inc. operates in the travel industry, providing a platform for travelers to plan and book trips. The company focuses on offering reviews, price comparisons, and booking services for accommodations, restaurants, and attractions worldwide.
YTD Price Performance: -1.20%
Average Trading Volume: 2,766,526
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.01B
For a thorough assessment of TRIP stock, go to TipRanks’ Stock Analysis page.