** Indian travel company MakeMyTrip's MMYT.O shares fall 7% to $93.90 premarket
** Gurugram, India-based MMYT late Monday unveiled offering of $1.25 billion of convertible bonds due 2030
** Separately, MMYT also kicked off a stock offering of 14 million shares
** Stock closed up 2.2% at $100.88 on Monday
** MMYT plans to use the proceeds to fund repurchase of some of the Class B shares that travel platform Trip.com Group owns
** Trip.com 9961.HK is MMYT's biggest shareholder with 15.4% stake, according to LSEG data
** 9 of 10 brokerages rate the stock "buy" or higher and 1 "hold"; median PT is $121.35 - data compiled by LSEG
** As of last close, MMYT stock was down 10.2% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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