Meituan Reportedly Set to Issue Dim Sum Bonds, Aiming to Raise Up to RMB 10 Billion
2 day ago / Read about 0 minute
Author:小编   

According to individuals well - informed about the situation, Meituan is gearing up to issue offshore RMB - denominated dim sum bonds for the very first time. The company intends to raise an amount ranging from RMB 9 billion to RMB 10 billion (roughly equivalent to USD 1.26 billion to USD 1.4 billion). In the financial context, these bonds will be priced in RMB, which is a common practice for dim sum bonds as they are designed to tap into the international demand for RMB - denominated assets. Moreover, they will come with two different maturity options: 5 - year and 10 - year terms. This variety in maturity allows investors to choose based on their risk appetite and investment horizon. Meituan might kick off the marketing campaign for these bonds as soon as next week. However, it's important to note that the discussions are still in progress. As with any financial deal, details are subject to change depending on market conditions, investor feedback, and other relevant factors.