News Releases

Baker Botts Represents Liberty TripAdvisor on Private Offering of Exchangeable Senior Debentures


Deal Description: Liberty TripAdvisor Holdings, Inc. (Nasdaq: LTRPA, LTRPB) announced today that it has priced and agreed to sell to initial purchasers in a private offering $300 million aggregate original principal amount of its 0.50% exchangeable senior debentures due 2051 exchangeable for Tripadvisor, Inc. common stock. Liberty TripAdvisor has also granted the initial purchasers an option to purchase additional debentures in an aggregate original principal amount of up to $30 million.

Baker Botts represented Liberty TripAdvisor in the transaction.

Client: Liberty TripAdvisor

Baker Botts Lawyers/Office Involved:

Corporate: Samantha Hale Crispin (Partner; Dallas)Adorys Velazquez (Partner; New York), Lee Neel Davis (Special Counsel; Washington, D.C.), Madeline Tusa (Associate; New York)

Tax: Tamar Stanley (Partner; Washington, D.C.)Josh Mandell (Partner; Dallas), Peter Farrell (Senior Associate, Washington, D.C.)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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