Trip.com Group Successfully Completes Repurchase Offer for 1.50% Exchangeable Senior Notes Due 2027
SINGAPORE – June 30, 2025 – Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading global travel services provider, announced today the successful completion of its previously announced right offer to repurchase its outstanding 1.50% Exchangeable Senior Notes due 2027 (the “Notes”).
The repurchase offer, which commenced on June 9, 2025, expired at 5:00 p.m., New York City time, on June 27, 2025. Holders of the Notes were offered the opportunity to sell their Notes back to Trip.com Group at a repurchase price of $1,000 principal amount of Notes for each $952.50 in cash, plus accrued and unpaid interest up to, but not including, the repurchase date.
Trip.com Group is pleased to confirm that a significant portion of the Notes were tendered and accepted for repurchase. This strategic move is part of the company’s ongoing efforts to optimize its capital structure and manage its outstanding debt obligations effectively. By repurchasing these notes, Trip.com Group demonstrates its commitment to enhancing shareholder value and maintaining financial flexibility.
The repurchase of these Notes is anticipated to have a positive impact on the company’s financial metrics and operational efficiency. Further details regarding the exact number of Notes repurchased and the total amount paid will be made available in Trip.com Group’s upcoming filings with the U.S. Securities and Exchange Commission.
This successful completion of the repurchase right offer underscores Trip.com Group’s proactive approach to financial management and its dedication to pursuing strategies that support its long-term growth and profitability. The company remains focused on providing exceptional travel experiences and continuing its expansion in the global travel market.
About Trip.com Group Limited
Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global travel services provider. The company’s main products include the Trip.com platform, Ctrip, Skyscanner, and Qunar. Through its platforms, Trip.com Group provides a wide range of travel services, including accommodation reservation, transportation ticketing, packaged tours, and corporate travel management. Trip.com Group is dedicated to making travel easier and more enjoyable for its customers worldwide.
Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements typically are made in conjunction with words such as “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” “believe,” “estimate,” “likely,” “could,” “would,” “project,” “continue,” “guidance,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of these risks and uncertainties, please refer to the documents Trip.com Group files with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F and other filings. Trip.com Group does not undertake any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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