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MEITUAN-W (03690.HK) Plans RMB Senior Notes for Offshore Debt Refinancing
2026-10-26 08:47:26 MEITUAN-W (03690.HK) announced plans for an international offering of RMB senior notes to professional investors. The aggregate principal amount, interest rate, payment dates and certain other terms and conditions have not yet been determined. Net proceeds will mainly be used for refinancing existing offshore debt and other general corporate purposes. Market sources recently said that Meituan had obtained approval from Chinese authorities to issue offshore bonds. In October last year, Meituan issued offshore dual-currency bonds totaling about USD3 billion, including about USD2 billion and offshore RMB bonds equivalent to USD1 billion, marking the company's largest-ever offshore dual-currency bond issuance.(gc/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |