💨 Abstract

China's Meituan, a food delivery company, is planning to raise up to $2 billion in a 3.5- and 5-year dollar bond deal. The funds are intended to refinance upcoming offshore debt, including a $1.48 billion convertible bond that becomes callable next year. The sources declined to be named as the information is not public.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖