Meituan plans inaugural dim sum bond to raise up to 10 billion yuan, Bloomberg says

Meituan (3690) is reportedly planning to raise up to 10 billion yuan (HK$11 billion) through its first-ever issuance of offshore yuan-denominated bonds, according to Bloomberg.

The “dim sum” bond offering will include five-year and ten-year tranches, the report said. 

The Chinese delivery giant could begin marketing the bonds as early as next week, though the details are still under discussion and may change, the news agency said.