Trip.com Group (09961.HK) recently announced that it intends to issue convertible senior notes with a total principal amount of $1.3 billion, maturing in 2029. In addition, Trip.com Group will grant an option to the initial note purchasers, allowing them to purchase up to an additional $200 million worth of notes within 13 days from the date of the initial issuance of the notes. Trip.com Group stated that it plans to use the net proceeds from this note offering to repay existing financial indebtedness, expand overseas businesses, and meet working capital needs. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting & Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same ultimate controlling party. Both companies share the same ultimate controlling party, operate under the same Chinese management, and comply with the laws of Hong Kong and the domestic laws of the People's Republic of China.