SHANGHAI, July 5, 2019 /PRNewswire/ -- Ctrip.com
International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a
leading provider of online travel and related services, including
accommodation reservation, transportation ticketing, packaged tours
and in-destination services, corporate travel management, and other
travel-related services, today announced that it has entered into,
as borrower, a facility agreement (the "Facility Agreement") dated
July 5, 2019 with certain financial
institutions specified therein, for up to US$2 billion equivalent transferrable term loan
facility with a greenshoe option of up to US$500 million (the "Facilities").
The Facilities have a 3-year tenor. The proceeds borrowed under the
Facilities may be used for the general working capital requirements
of the Ctrip group, including repayment of any existing financial
indebtedness.
About Ctrip.com International, Ltd.
Ctrip.com International, Ltd. is a leading provider of online
travel and related services, including accommodation reservation,
transportation ticketing, packaged tours and in-destination
services, corporate travel management, and other travel related
services. It enables business and leisure travelers to make
informed and cost-effective bookings by aggregating comprehensive
travel related information and offering its services through an
advanced transaction and service platform consisting of its mobile
apps, internet websites and centralized, toll-free, 24-hour
customer service center. The family of travel brands mainly
includes: Ctrip, the largest online travel agency in terms of gross
merchandise value and best-known travel brand in China; Qunar, a leading online travel agency
in China; Trip.com, an online
travel agency for global consumers; and Skyscanner, a leading
global travel search site. Since its inception in 1999, Ctrip Group
has experienced substantial growth and become one of the largest
travel service providers in the world.
For further information, please contact:
Investor Relations
Ctrip.com International, Ltd.
Tel: +86 (21) 3406-4880 × 12229
Email: iremail@ctrip.com
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SOURCE Ctrip.com International, Ltd.