Ctrip.com CB

China’s Ctrip raises $800m in convertible bond sale

Ctrip.com International, a Chinese travel agent, has raised $800 million in a convertible bond sale and set a conversion premium at 42.5%, the highest for a Chinese issuer since 2007.
increased the deal size from the $500 million to $700 million while it was marketing the bonds to investors, a sign of strong demand.
increased the deal size from the $500 million to $700 million while it was marketing the bonds to investors, a sign of strong demand.
October 14, 2013

Ctrip.com International, a Chinese travel agent, has raised $800 million from a convertible bond sale.

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