Priceline.com 'BBB' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance - S&P Global Ratings’ Credit Research

Priceline.com 'BBB' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance

Priceline.com 'BBB' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance - S&P Global Ratings’ Credit Research
Priceline.com 'BBB' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance
Published Sep 06, 2013
1340 words — Published Sep 06, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based online travel agency Priceline.com Inc. has exceeded our performance expectations as the company continues to gain market share in key markets. We are revising our rating outlook on Priceline.com to positive from stable. The 'BBB' corporate credit rating is affirmed. The positive outlook reflects our expectation that the company will adhere to its moderate financial policy and performance will remain fairly robust, despite difficult comparisons and macroeconomic weakness in several of its European markets. CHICAGO (Standard&Poor's) Sept. 6, 2013--Standard&Poor's Ratings Services today revised its rating outlook on Norwalk, Conn.-based online travel agency Priceline.com Inc. to positive from stable. We affirmed our existing ratings, including our 'BBB' corporate credit rating. The outlook revision to positive is

  
Brief Excerpt:

RESEARCH Priceline.com '###' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance Publication date: 06-Sep-2013 Primary Credit Analyst: Andy Liu, CFA, Chicago (1) 312-233-7052; andy.liu@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
PCLN
Issuer
Booking Holdings Inc.
GICS
Hotels, Resorts & Cruise Lines (25301020)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Priceline.com 'BBB' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance" Sep 06, 2013. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Priceline-com-BBB-Rating-Outlook-Revised-To-Positive-On-Expectation-For-Continued-Strong-Operating-Performance-1188026>
  
APA:
S&P Global Ratings’ Credit Research. (). Priceline.com 'BBB' Rating Outlook Revised To Positive On Expectation For Continued Strong Operating Performance Sep 06, 2013. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Priceline-com-BBB-Rating-Outlook-Revised-To-Positive-On-Expectation-For-Continued-Strong-Operating-Performance-1188026>
  
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