Meituan's (HKG:3690) planned debt offering could net the the Chinese food delivery firm as much as $3 billion, Bloomberg reported Monday.
The company earlier announced plans to offer U.S. dollar and yuan-denominated senior notes, confirming a media report that it was looking to raise funds through its very first offshore yuan bond sale.
According to Bloomberg, the company could sell about $2 billion of U.S.-dollar denominated notes and a further $1 billion equivalent of offshore yuan notes.
Meituan is yet to price the debt offering. Bloomberg reported that a deal could come to the market as early as Tuesday.
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