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Chinese Food-Delivery Firm Meituan Considers Dim Sum Bond Sale

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EXCLUSIVE Chinese Food-Delivery Firm Meituan Considers Dim Sum Bond Sale Chinese food-delivery giant Meituan is considering an offshore yuan-denominated bond sale in the coming weeks, according to people familiar with the matter, in what would be its second-ever dim sum note offering. Meituan has received permission from Chinese authorities to issue the offshore notes, the people said, asking not to be identified discussing private matters. The proceeds would be used for general corporate...

EXCLUSIVE Chinese Food-Delivery Firm Meituan Considers Dim Sum Bond Sale Chinese food-delivery giant Meituan is considering an offshore yuan-denominated bond sale in the coming weeks, according to people familiar with the matter, in what would be its second-ever dim sum note offering. Meituan has received permission from Chinese authorities to issue the offshore notes, the people said, asking not to be identified discussing private matters. The proceeds would be used for general corporate purposes, the people added.
Chinese Food-Delivery Firm Meituan (ORG) Dim Sum Bond (PERSON) Chinese (ORG) Meituan (LOCATION)
Originally published by Bloomberg Technology Read original →