GBTG NYSE
Global Business Travel Group, Inc.
1W: +0.4%
1M: +0.2%
3M: +1.2%
YTD: +26.3%
1Y: +16.7%
3Y: +73.7%
$9.50
Last traded 2026-09-29 — delisted
Credit Risk of going bust: higher than 64% of companies Debt: 24.7% of company value Bonds: none of note held by US funds details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.32 (down 97%), Global Business Travel Group, Inc. would be worth roughly what it owes.
Total debt $1.60B against a stock market value of $4.88B.
Distance to default 3.86 (Merton model): prices to 2026-09-29, balance sheet 2026-06-30, debt counted $786.5M (short-term plus half of long-term), stock volatility 56.5%; Altman Z'' 0.16. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
If the stock fell to about $0.32 (down 97%), Global Business Travel Group, Inc. would be worth roughly what it owes.
Total debt $1.60B against a stock market value of $4.88B.
Distance to default 3.86 (Merton model): prices to 2026-09-29, balance sheet 2026-06-30, debt counted $786.5M (short-term plus half of long-term), stock volatility 56.5%; Altman Z'' 0.16. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
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27 relationships27
As Filer
counterparties named
0
As Counterparty
mentioned by others
4
Rel. Types
2021-12-08
Earliest Filing
2025-09-02
Latest Filing
partner: 11
investor: 9
target: 6
acquirer: 1
Counterparties (Filed by GBTG)
27 relationshipsCompanies named in GBTG's SEC 8-K filings as business counterparties.
| Counterparty | Ticker | Relationship | Summary | Filing Date | SEC |
|---|---|---|---|---|---|
| CWT Holdings, LLC | — | target | Target company acquired in a merger agreement amended on August 28, 2025 and completed on September 2, 2025. | 2025-09-02 | View |
| Redwood Drawdown Partners III, LLC | — | investor | Representative of the equityholders of CWT Holdings, LLC acting as a party to the merger agreement. | 2025-09-02 | View |
| CWT Holdings, LLC | — | target | Target company in the merger agreement with Global Business Travel Group, Inc. | 2025-03-21 | View |
| Cape Merger Sub I LLC | — | partner | Merger subsidiary entity involved in the merger agreement. | 2025-03-21 | View |
| Cape Merger Sub II LLC | — | partner | Merger subsidiary entity involved in the merger agreement. | 2025-03-21 | View |
| Redwood Drawdown Partners III, LLC | — | investor | Representative of equityholders of CWT Holdings, LLC in the merger agreement. | 2025-03-21 | View |
| Redwood Drawdown Partners III, LLC | — | investor | Representative of equityholders of CWT Holdings, LLC in the merger agreement. | 2025-01-17 | View |
| Cape Merger Sub II LLC | — | partner | Merger subsidiary entity involved in the merger agreement. | 2025-01-17 | View |
| Cape Merger Sub I LLC | — | partner | Merger subsidiary entity involved in the merger agreement. | 2025-01-17 | View |
| CWT Holdings, LLC | — | target | Target company in the merger agreement with Global Business Travel Group, Inc. | 2025-01-17 | View |
| CWT Holdings, LLC | — | target | Target company in the merger agreement with Global Business Travel Group, Inc. | 2024-03-25 | View |
| Redwood Drawdown Partners III, LLC | — | investor | Representative of the equityholders (Members) of CWT Holdings, LLC. | 2024-03-25 | View |
| American Express | AXP | partner | Partner in joint venture and provider of payment/trademark licensing services | 2022-06-03 | View |
| American Express Travel Holdings Netherlands Coöperatief U.A. | AXP | investor | Netherlands cooperative and Continuing JerseyCo Owner | 2022-06-03 | View |
| GBT US LLC | — | partner | Wholly-owned subsidiary of Legacy GBT involved in joint venture with American Express | 2022-06-03 | View |
| GBT III B.V. | — | partner | Wholly-owned subsidiary of GBT III B.V. involved in joint venture with American Express | 2022-06-03 | View |
| GBT Travel Services UK Limited | — | partner | UK subsidiary involved in trademark license agreement with American Express | 2022-06-03 | View |
| Certares Management LLC | — | investor | Affiliate leading the group of institutional investors in the Legacy GBT joint venture | 2022-06-03 | View |
| GBT JerseyCo Limited | — | target | Legacy GBT, the target company in the business combination | 2022-06-03 | View |
| Juweel Investors (SPC) Limited | — | investor | Successor entity of Juweel Investors Limited, a Continuing JerseyCo Owner | 2022-06-03 | View |
| Expedia | EXPE | investor | Delaware LLC and Continuing JerseyCo Owner | 2022-06-03 | View |
| Juweel Investors Limited | — | investor | Predecessor to Juweel Investors (SPC) Limited, a Continuing JerseyCo Owner | 2022-06-03 | View |
| Apollo Strategic Growth Capital | APSG | acquirer | SPAC that acquired Legacy GBT in a business combination | 2022-06-03 | View |
| GBT JerseyCo Limited | — | target | Target company in the business combination with APSG | 2021-12-08 | View |
| Expedia, Inc. | EXPE | partner | Entity whose affiliate sold the Egencia business to GBT | 2021-12-08 | View |
| EG Corporate Travel Holdings LLC | — | partner | Affiliate of Expedia that sold the Egencia business to GBT | 2021-12-08 | View |
| Amex Holdco | — | partner | Entity GBT is seeking to enter commercial arrangements with | 2021-12-08 | View |
Recent 8-K Filings (20)
| Filing Date | Description | Type | SEC |
|---|---|---|---|
| 2026-09-29 | Material Agreement; Termination of Agreement; Acquisition/Disposition; Financial Obligation; Delisti | Agreement Acquisition | View |
| 2026-08-04 | Earnings Release; Exhibits | View | |
| 2026-08-03 | Shareholder Vote | View | |
| 2026-07-24 | Other Events | View | |
| 2026-06-08 | Regulation FD; Exhibits | View | |
| 2026-05-18 | Shareholder Vote | View | |
| 2026-05-12 | Officer/Director Change; Exhibits | View | |
| 2026-05-04 | Acquisition/Disposition; Exhibits | Acquisition | View |
| 2026-05-04 | Material Agreement; Other Events; Exhibits | Agreement | View |
| 2026-03-09 | Results of Operations and Financial Condition; Financial Statements and Exhibits | View | |
| 2026-02-17 | Results of Operations and Financial Condition; Financial Statements and Exhibits | View | |
| 2026-02-17 | Results of Operations and Financial Condition; Financial Statements and Exhibits | View | |
| 2026-01-22 | Entry into Material Definitive Agreement; Financial Statements and Exhibits | Agreement | View |
| 2025-11-10 | Results of Operations and Financial Condition; Financial Statements and Exhibits | View | |
| 2025-11-10 | Financial Statements and Exhibits | View | |
| 2025-09-02 | Entry into Material Definitive Agreement; Completion of Acquisition or Disposition of Assets; Unregi | Agreement Acquisition | View |
| 2025-08-05 | Results of Operations and Financial Condition; Financial Statements and Exhibits | View | |
| 2025-06-13 | Submission of Matters to a Vote of Security Holders | View | |
| 2025-05-06 | Results of Operations and Financial Condition; Financial Statements and Exhibits | View | |
| 2025-03-21 | Entry into Material Definitive Agreement; Other Events; Financial Statements and Exhibits | Agreement | View |
Data extracted from SEC EDGAR 8-K filings using NLP. Relationships are as disclosed in filing text.
Covers 2021–2026. View on SEC EDGAR