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Covington Advises USA Interactive on $750 Million Debt Securities Issuance

December 12, 2002

December 12, 2002 - NEW YORK, NY - Covington & Burling's New York office advised USA Interactive on its private placement of $750 million aggregate principal amount of 7% Senior Notes due 2013 announced today by USA Interactive.

Covington's team was led by corporate partner J. D. Weinberg with assistance from corporate associates Julia Shin and Terence Brenner. Elizabeth Kessenides, partner, and associate Alison Wang provided tax advice.

For more information, please contact Noël Decker, 202.662.6361.

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