Ctrip.com CB

China’s Ctrip raises $800m in convertible bond sale

Ctrip.com International, a Chinese travel agent, has raised $800 million in a convertible bond sale and set a conversion premium at 42.5%, the highest for a Chinese issuer since 2007.
increased the deal size from the $500 million to $700 million while it was marketing the bonds to investors, a sign of strong demand.
increased the deal size from the $500 million to $700 million while it was marketing the bonds to investors, a sign of strong demand.
October 14, 2013

Ctrip.com International, a Chinese travel agent, has raised $800 million from a convertible bond sale.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media