Meituan Issues CNY4.5 Billion 2.50% Senior Notes Due 2031, Cny3.5 Billion 3.10% Senior Notes Due 2036

Oct 28 (Reuters) - Meituan 3690.HK:

• ISSUANCE OF CNY4.5 BILLION 2.50% SENIOR NOTES DUE 2031 AND CNY3.5 BILLION 3.10% SENIOR NOTES DUE 2036

• GROSS PROCEEDS OF NOTES ISSUE, BEFORE DEDUCTING UNDERWRITING COMMISSIONS AND CERTAIN ESTIMATED OFFERING EXPENSES, WILL BE CNY8 BILLION

• INTENDS TO USE NET PROCEEDS OF NOTES ISSUE PRIMARILY FOR REFINANCING OF EXISTING OFFSHORE INDEBTEDNESS, OTHERS

• 2031 CNY NOTES WILL BEAR INTEREST AT RATE OF 2.50% P.A., 2036 CNY NOTES WILL BEAR INTEREST AT RATE OF 3.10% P.A.

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