Fitch rates Expedia notes BBB-

Fitch Ratings said it assigned a BBB- rating to Expedia, Inc.'s proposed offering of senior unsecured notes. The amount and maturity of the proposed issuance has yet to be determined.

Fitch said it views the timing of Expedia's proposed debt issuance as opportunistic given the relatively low interest rate environment and does not believe that the company has a specific near-term intended usage of the proceeds.

Fitch said it expects leverage, pro forma for the offering, will remain comfortably below 2x, within expectations inherent in the rating.

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