Ctrip lands $1.1b from dual-tranche convertible

Strong demand allows the Chinese travel agent to boost the deal-size, although there was some price sensitivity for the 10-year note.

Suzy Waite

June 19, 2015

Chinese travel agent Ctrip.com International raised $1.1 billion from a dual tranche convertible bond on Friday, with strong demand allowing the issuer to boost the deal size.

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].

Equity
Disruption
Companies
Banks
North Asia

#ctrip
#convertible
#jp morgan
#consumer