PGJ - Trip.Com Stock Is Trading Lower Tuesday: What's Going On? | Benzinga
Trip.com Group Limited (NASDAQ:TCOM) shares are trading lower after the company announced a proposed offering of $1.3 billion of convertible senior notes.
The convertible senior notes will mature on June 15, 2029, unless repurchased, redeemed, or converted per their terms before such date.
The holders of the note have the right to demand that the company buy back all or a portion of their notes for cash on June 15, 2027, or upon the occurrence of ...