Core Viewpoint - Meituan announced the issuance of various senior notes totaling approximately $1.9937 billion and RMB 7.08 billion, primarily aimed at refinancing existing offshore debt and for general corporate purposes [1] Group 1: Issuance Details - The company plans to issue $600 million of 4.500% senior notes due in 2031 [1] - An additional $600 million of 4.750% senior notes due in 2032 will also be issued [1] - The issuance includes $800 million of 5.125% senior notes due in 2035 [1] - In RMB, the company will issue 2.08 billion yuan of 2.55% senior notes due in 2030 [1] - Furthermore, 5 billion yuan of 3.10% senior notes due in 2035 will be issued [1] Group 2: Financial Implications - The total gross proceeds from the dollar notes issuance will be approximately $1.9937 billion before deducting underwriting commissions and estimated offering expenses [1] - The net proceeds from the RMB notes issuance will amount to approximately 7.08 billion yuan [1]

Core Viewpoint - The company, Meituan-W (03690), has announced the issuance of various bonds totaling approximately $2.4 billion and RMB 70.8 billion, primarily aimed at refinancing existing offshore debt and for general corporate purposes [1] Group 1: Bond Issuance Details - The company will issue a total of $600 million in 2031 USD notes, $600 million in 2032 USD notes, and $800 million in 2035 USD notes [1] - Additionally, the company will issue RMB 2.08 billion in 2030 RMB notes and RMB 5 billion in 2035 RMB notes [1] - The annual interest rates for the bonds are set at 4.5%, 4.75%, 5.125%, 2.55%, and 3.10% respectively [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance will primarily be used for refinancing existing offshore debt and for other general corporate purposes [1]

Core Viewpoint - The company, Meituan-W (03690), has announced the issuance of various bonds totaling $6 billion and RMB 70.8 billion, primarily aimed at refinancing existing offshore debt and for general corporate purposes [1] Group 1: Bond Issuance Details - The company will issue a total of $6 billion in bonds, including $600 million in 2031 USD bonds, $600 million in 2032 USD bonds, and $800 million in 2035 USD bonds [1] - Additionally, the company will issue RMB 20.8 billion in 2030 RMB bonds and RMB 50 billion in 2035 RMB bonds [1] - The annual interest rates for the bonds are set at 4.5%, 4.75%, 5.125%, 2.55%, and 3.10% respectively [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance will primarily be used for refinancing existing offshore debt and for other general corporate purposes [1]

Group 1 - The company proposes to issue notes exclusively to professional investors, with the total principal amount, interest rate, payment date, and other terms yet to be determined [1] - The pricing of the USD notes will be established through a book-building process led by Goldman Sachs (Asia) LLC, Merrill Lynch (Asia Pacific) Limited, and CITIC Securities [1] - The pricing of the RMB notes will be determined by a similar process involving multiple financial institutions, including CITIC Securities and others [1] Group 2 - The net proceeds from the proposed note issuance are primarily intended for refinancing existing offshore debt and other general corporate purposes [2]

Core Viewpoint - Meituan plans to raise approximately $3 billion through a bond issuance, marking its largest conventional bond issuance to date [1] Group 1: Bond Issuance - The company intends to issue both US dollar and RMB-denominated senior notes, with proceeds aimed at offshore debt refinancing and other general corporate purposes [1] - The total principal amount, interest rate, payment date, and several other terms and conditions of the notes have yet to be determined [3] Group 2: Financial Performance - In Q2 2025, Meituan's revenue is projected to grow by 11.7% year-on-year to RMB 91.8 billion, up from RMB 82.3 billion in the same period of 2024 [3] - The operating profit of Meituan's core local commerce segment has significantly decreased to RMB 3.7 billion due to intense competition in the food delivery industry [3] - The operating loss in the new business segment has widened to RMB 1.9 billion year-on-year, attributed to overseas expansion efforts [3] - Adjusted EBITDA and adjusted net profit for the period have decreased by 81.5% to RMB 2.8 billion and by 89% to RMB 1.5 billion, respectively [3]

Core Viewpoint - The company, Meituan-W (03690), plans to issue notes exclusively to professional investors, with specific terms and conditions yet to be determined [1] Group 1: Note Issuance Details - The total principal amount, interest rate, payment date, and other terms for the notes have not been finalized [1] - The pricing of the USD notes will be determined through a book-building process led by Goldman Sachs (Asia) LLC, Merrill Lynch (Asia Pacific) Limited, and CITIC Securities [1] - The pricing of the RMB notes will be established through a similar process involving multiple financial institutions, including CITIC Securities and others [1] - The issuance of USD and RMB notes is not conditional upon each other [1] Group 2: Use of Proceeds - The net proceeds from the proposed note issuance are primarily intended for refinancing existing offshore debt and other general corporate purposes [2]

Core Viewpoint - The company is planning to issue guaranteed senior notes valued in US dollars, backed by the company and its parent, New City Holdings, to raise funds for debt repayment and general corporate purposes [1] Group 1: Issuance Details - The subsidiary, New City Global Limited, intends to issue senior notes with a total principal amount of $160 million, maturing in 2027, with an interest rate of 11.88% [1] - The total proceeds from the note issuance are expected to be approximately $157 million [1] Group 2: Underwriters and Agreements - The company has entered into a purchase agreement with several initial buyers, including Haitong International Securities, Guotai Junan Securities (Hong Kong), and Citigroup Global Markets [1] - Other participating underwriters include CITIC Bank International, DBS Bank, Longstone Capital Management, and Songgang International Securities Group [1] Group 3: Use of Proceeds - The net proceeds from the note issuance will be used to repay existing debts and for general corporate purposes [1]

Group 1 - The company Capital Strategy Real Estate (00497) has entered into a subscription agreement for the issuance of additional new notes with HSBC as the exclusive global coordinator, lead manager, and bookrunner [1] - The new notes will have an annual interest rate of 10.50% and will be issued at 100.00% of the principal amount, plus accrued interest from May 21, 2025, to the delivery date [1] - The total proceeds from the issuance of the additional new notes, before underwriting commissions and estimated expenses, will amount to $50 million, excluding accrued interest [1] Group 2 - ESL, a wholly-owned subsidiary of the company, will use the net proceeds entirely for refinancing or repaying certain debts, including redeeming all outstanding amounts under the 2025 notes that were not purchased under the offer [1]

Group 1 - The company has completed the issuance of priority unsecured notes amounting to RMB 4.4 billion, with a maturity date in 2029 and a coupon rate of 1.90% [2] - The notes will be offered offshore to non-U.S. persons in accordance with Regulation S of the U.S. Securities Act [2] - The company plans to use the proceeds for general corporate purposes, including repaying part of existing debt and paying interest [2] Group 2 - The expected listing and trading of the notes on the Hong Kong Stock Exchange is set to take effect on September 16, 2025 [2] - The notes are not registered under the U.S. Securities Act and cannot be offered or sold to U.S. persons [2] - The company will submit a Form 6-K to the U.S. Securities and Exchange Commission [2]

Group 1 - The company announced a proposal to issue suggested notes to certain professional investors internationally [1] - The suggested notes will be issued in series with different issuance dates and terms, and can be denominated in any currency [1] - The completion of the suggested notes issuance is subject to various factors, including global market conditions, corporate demand, and investor interest [1] Group 2 - As of the announcement date, the company has a total of $17.75 billion in outstanding notes [1] - The company has applied to the Stock Exchange for a listing of the proposed debt issuance for a period of 12 months starting from September 15, 2025 [1] - The suggested notes will not be publicly offered in Hong Kong, the United States, or any other jurisdiction, and will not be allocated to any connected persons of the company [1]