Trip.com 1.99% convertibles due 2025 may be put

By Rebecca Melvin

New York, May 29 – Trip.com Group Ltd. said it is notifying holders that its 1.99% convertible senior notes due 2025 (Cusip: 22943FAH3) may be put for cash on July 1, according to a notice.

The company said that pursuant to the indenture dated June 24, 2015, each holder has the right to require the company to purchase all or a portion of their notes at par.

The put right expires at 5 p.m. ET on June 29.

The travel services company is based in Shanghai.

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