Cravath Publishes Winter 2026 Issue of Alumni Journal
Cravath represented the initial purchasers, led by BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan Securities, BNP Paribas, Mizuho Securities and RBC Capital Markets, in connection with the US$750 million 144A/Reg. S senior debt offering of Expedia, Inc., one of the world’s largest travel companies. Proceeds of the offering will be used to finance the acquisition of HomeAway, Inc. by Expedia. The transaction closed on December 8, 2015.
The Cravath team included partner Stephen L. Burns and associates Nicholas A. Dorsey, Saarah Woodby and Kelly M. Smercina.
Deals & Cases
April 10, 2026
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with a $2.5 billion revolving credit facility made available to Expedia Group, Inc., one of the world’s largest online travel companies. The transaction closed on March 27, 2026.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
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