Trip.com Group plans a $1.3bn cash-settled convertible note offering, subject to market conditions.
Trip.com Group Ltd announces a proposed offering of $1.3bn cash-par settled convertible senior notes due 2029, subject to market conditions. This offering is only to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The Company plans to grant initial purchasers an option to buy up to an additional $200m principal amount of notes.
June 04, 2024
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