Meituan Launches 8 Billion Yuan Dual-Tranche Bond to Refinance Debt
Meituan said it launched a 4.5 billion yuan five-year tranche and a 3.5 billion yuan 10-year tranche, totaling 8 billion yuan ($1.20 billion).
Chinese food delivery company Meituan HKEX:3690 said on Wednesday it launched an 8 billion yuan ($1.20 billion) dual-tranche bond, comprising a 4.5 billion yuan five-year tranche and a 3.5 billion yuan 10-year tranche.Here are some details:($1 = 6.6660 Chinese yuan renminbi)