Industry | 2010.02.12
Fitch Rates Expedia, Inc.'s IDR 'BBB-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to Expedia, Inc. (Expedia): --Issuer Default Rating (IDR) \'BBB-\'; --Senior unsecured notes \'BBB-\'; --Senior unsecured bank credit facility \'BBB-\'. The Rating Outlook is Stable. The ratings and Stable Outlook reflect the following considerations: -- Fitch expects Expedia to exhibit modest revenue growth and stable EBITDA margins in 2010. Results should benefit from a stabilization of industry travel trends and be positive
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