Qunar eyes $800m via ADR, CB sales

Courted unsuccessfully by C-trip.com, the Chinese online travel site has launched a two-pronged fundraising programme with a follow-on share offering and convertible bond.

Chinese travel site Qunar is bookbuilding for a follow-on share sale that could raise around $300 million for the company.

¬ Haymarket Media Limited. All rights reserved.

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