MakeMyTrip looks to raise $200 Mn via convertible notes
Shortpedia
Content Team
Image Credit: shortpedia
Online travel agency and hotel booking platform MakeMyTrip is looking to raise $200 million in debt through convertible senior notes with a zero-coupon rate. The debt would be convertible and the sale to initial purchasers is expected to settle on February 9, a company statement said. The notes offering was upsized by $25 million from the previously announced offering of $175 million.
