Trip.com Group Ltd. has announced a repurchase right notification for its 1.50% Exchangeable Senior Notes due 2027. Holders of these notes have the option to require the company to repurchase all or part of their holdings for cash on July 1, 2025. The repurchase price will be 100% of the principal amount, plus any accrued and unpaid interest up to, but excluding, the repurchase date. The opportunity to exercise this right begins on May 28, 2025, and ends on June 27, 2025. The total outstanding principal amount of these notes is $500 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.