MakeMyTrip Prices Share, Convertible Note Offerings

MT Newswires Live
06/18

MakeMyTrip (MMYT) said Wednesday it priced a public offering of 16 million shares at $90 each for about $1.41 billion in expected net proceeds.

The offering was upsized from a previously planned 14 million shares.

The company granted the underwriters a 13-day option to buy up to 2.4 million additional shares.

MakeMyTrip also priced a private offering of $1.25 billion of 0% convertible senior unsecured notes due July 1, 2030, for about $1.23 billion in estimated net proceeds. The company granted the initial purchasers a 13-day option to buy up to an additional $187.5 million of the notes.

The company said it plans to use the net proceeds from the offerings to repurchase a portion of its class B shares from Trip.com Group.

Both offerings are expected to close Monday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10