MakeMyTrip noteholders have repurchase rights until Feb. 13

By Mary Katherine Stinson

Lexington, Ky., Jan. 18 – MakeMyTrip Ltd. announced that holders of its 0% convertible senior notes due Feb. 15, 2028 (Cusip: 56087FAB0) can exercise their repurchase rights until 5 p.m. ET on Feb. 13, according to press release.

The holders may require the company to repurchase all or some of their notes on Feb. 15 and Feb. 15, 2026, approximately three and five years after issue.

The notes will be bought back at par. No interest will be paid.

Tendered notes may be withdrawn before 5 p.m. ET on Feb. 13.

As of Jan. 12, $230 million in aggregate principal amount of the notes are outstanding.

Noteholders may direct any questions or request a copy of the repurchase rights notice by contacting Bank of New York Mellon as the trustee (CT_Reorg_Unit_Inquiries@bnymellon.com).

MakeMyTrip is a Gurugram, India-based online travel company.

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