AUSTIN, Texas, March 25, 2014 (GLOBE NEWSWIRE) -- HomeAway, Inc. ("HomeAway") (Nasdaq:AWAY) today announced the pricing of $350 million aggregate principal amount of convertible senior notes due 2019 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). HomeAway also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $52.5 million aggregate principal amount of the notes to cover over-allotments, if any. The sale of the notes to the initial purchasers is expected to settle on March 31, 2014, subject to customary closing conditions, and is expected to result in $339.7 million in net proceeds to HomeAway after deducting fees and estimated offering expenses payable by HomeAway (assuming no exercise of the initial purchasers' over-allotment option).
HomeAway, Inc. Announces Pricing Of $350 Million Offering Of 0.125% Convertible Senior Notes Due 2019
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