Meituan (HKG:3690) has priced a multi-currency senior notes offering totaling $1.99 billion and 7.08 billion yuan, according to a Wednesday Hong Kong bourse filing.
Shares of the food delivery firm gained nearly 3% in Thursday afternoon trade.
The offering includes $600 million 4.500% senior notes due 2031, $600 million 4.750% senior notes due 2032, and $800 million 5.125% senior notes due 2035.
The company will also issue 2.08 billion yuan 2.55% senior notes due 2030 and 5 billion yuan 3.10% senior notes due 2035, the filing said.
The notes were priced between 99.471% and 100% of their principal amounts, it added.
Meituan expects to use the proceeds primarily to refinance existing offshore debt and for general corporate purposes.