H World Group Limited (NASDAQ:HTHT) ("H World" or the "Company," together with its subsidiaries, the "Group"), a key player in the global hotel industry, today announced that it proposes to offer CNY-denominated bonds (the "Bonds") in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act"), subject to market conditions and other factors (the "Bond Offering"). The principal amount, interest rates, maturity dates and other terms of the Bonds will be determined at the time of pricing of the Bond Offering.
The Company intends to use the net proceeds from the Bond Offering for general corporate purposes.
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