Trip.com Group Announces Entry into Facility Agreement
SHANGHAI,Oct. 18,2021 --Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"),a leading one-stop travel service provider of accommodation reservation,transportation ticketing,packaged tours and corporate travel management,today announced that it has entered into,as borrower,a facility agreement (the "Facility Agreement") dated October 18,2021 with certain financial institutions specified therein,for an up to US$1.5 billion transferrable term loan facility (the "Facility").
The Facility has a 3-year tenor. The proceeds borrowed under the Facility may be used for the repayment of the outstanding balance of US$1.5 billion under the term loan facility the Company entered into in July 2019.
About Trip.com Group Limited
Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading one-stop travel platform globally,integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China,and increasingly for travelers around the world,to explore travel and get inspired,to make informed and cost-effective travel bookings,and to enjoy hassle-free,on-the-go support and share travel experience. Founded in 1999 and listed on Nasdaq in 2003,the Company operates under a portfolio of brands,including Ctrip,Qunar,Trip.com and Skyscanner.
For further information,please contact:
Investor Relations
Trip.com Group Limited
Tel: +86 (21) 3406-4880 X 12229
Email: iremail@trip.com
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