H World Group Limited has announced a proposed offering of offshore RMB-denominated bonds to non-U.S. investors outside the United States under Regulation S of the Securities Act of 1933. The company plans to use the net proceeds for general corporate purposes. The aggregate principal amount, interest rates, maturity dates, and final terms will be finalized at the time of pricing, subject to market conditions. The bonds have not been registered under the U.S. Securities Act or state securities laws and may not be offered or sold within the United States or to U.S. persons without an applicable registration exemption.
Huazhu Group LtdCompany announces offshore RMB bond offering for general corporate purposes; impact depends on terms and use.
