learn business mandarin
finance mandarin case study preview
Meituan Bond+ Private Placement raises $10 Billion to fight Alibaba
Case Study is the most effective learning method to acquire language skills and put them in practice.
Not yet a member ? Next step:
contact us to arrange a SWOT assessment.
Meituan Bond+ Private Placement raises $10 Billion to fight Alibaba
case study
executive summary
S&P Global Ratings noted that Meituan may face short-term headwinds to free cash generation as it competes in the pandemic era for market share in key areas, including food delivery. But Ratings said it expects that the company "will expand its EBITDA and ability to generate positive free operating cash flow, subject to the ebb and flow of capex, especially over the next two years" and "will remain in net cash despite significant investments for its new initiatives." Terms:
Issuer Meituan
Ratings BBB–/Baa3/BBB
Amount $750 million
Issue 144A/Reg S senior notes
Coupon 2.125%
Price 99.877
Yield 2.151%
Spread T+180
Maturity Oct. 28, 2025
Call Make-whole T+30
Price talk Guidance: T+180; IPT: T+230 area
case study
key point
The key point and your take-away from this case study 'Meituan Bond+ Private Placement raises $10 Billion to fight Alibaba '. Your learning combines both language skills and market knowledge.
,
,
。
。
case study
learning exercises
Active learning will accelerate your skills, and your study of 'Meituan Bond+ Private Placement raises $10 Billion to fight Alibaba '. Each exercise is designed to promote and strenthen your language skills. Login Required.