HomeAway prices stock offering at USD37

12 December 2013

Vacation rental marketplace HomeAway, Inc. (NASDAQ: AWAY) said it has announced the pricing of an underwritten public offering of 6,018,630 shares of its common stock at a price to the public of USD37.00 per share.

A total of 5,500,000 shares are being offered by HomeAway, and a total of 518,630 shares are being offered by the selling stockholders. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 902,794 shares to cover over-allotments, if any. The offering is expected to close on December 17, 2013.

HomeAway said it intends to use the net proceeds of this offering for general corporate purposes, which may include acquisitions or license of, or investment in, products, services, technologies or other businesses. HomeAway will not receive any proceeds from the sale of shares by the selling stockholders.

Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are joint book-running managers of the offering. Stifel, Nicolaus & company and Pacific Crest Securities LLC, Inc. are acting as co-managers.

HomeAway. based in Austin, Texas, the world´s leading online marketplace for the vacation rental industry, with sites representing over 773,000 paid listings of vacation rental homes in 171 countries. For more information about HomeAway, visit www.HomeAway.com.

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