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Priceline Offers Huge Debt Note, But Do Not 'Name Your Own Price'

NYT: Priceline Plans $100 Million Note Sale

The price will be $100 million, exactly, with the option to purchase another $25 million in seven-year convertible notes. Priceline said that its first debt issuance will be used for the catch-all purposes of "general and strategic purposes and as working capital."

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Priceline Offers Huge Debt Note, But Do Not 'Name Your Own Price'

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