Huazhu Group Ltd (HK:1179) has released an update.
H World Group Limited, previously known as Huazhu Group Limited, has filed a registration statement with the U.S. Securities and Exchange Commission for a $500 million exchangeable senior notes offering, due July 2027, in partnership with Trip.com Group Limited. The announcement was made in compliance with the Hong Kong Stock Exchange regulations and details of the filing are available for reference. The move represents a significant financial strategy for the hotel management company, headquartered in Shanghai.
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