- Trip.com Group (TCOM, Financial) completes repurchase right offer for 1.50% Exchangeable Senior Notes due 2027.
- No Exchangeable Notes were surrendered, leaving the entire US$500 million principal amount outstanding.
- The repurchase right offer expired on June 27, 2025.
Trip.com Group Limited (Nasdaq: TCOM) has announced the successful completion of its repurchase right offer for its 1.50% Exchangeable Senior Notes due 2027. The period for this offer expired at 5:00 p.m., New York City time, on June 27, 2025.
According to The Bank of New York Mellon, acting as the paying agent for the notes, no Exchangeable Notes were validly surrendered during the offer period. As a result, the entire US$500,000,000 aggregate principal amount of these Exchangeable Notes remains outstanding. They will continue to be governed by the existing terms and indenture agreements.
The Exchangeable Notes, which were issued under the Indenture dated July 20, 2020, and the Supplemental Indenture dated December 15, 2020, will maintain their 1.50% interest rate with a maturity date in 2027. Additional information related to these notes is available on the SEC's official website and the Trip.com Group's investor relations page.
Trip.com Group, a leading global travel service provider, offers a comprehensive suite of travel-related products and services. The company, listed on both Nasdaq and HKEX, continues to expand its influence across Asia and the world.
