Ctrip lands $1.1b from dual-tranche convertible

Strong demand allows the Chinese travel agent to boost the deal-size, although there was some price sensitivity for the 10-year note.

Chinese travel agent Ctrip.com International raised $1.1 billion from a dual tranche convertible bond on Friday, with strong demand allowing the issuer to boost the deal size.

¬ Haymarket Media Limited. All rights reserved.

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