Meituan completes partial early redemption of 2027 convertible bonds

Meituan 美团 announced the completion of a partial early redemption of its 2027 zero coupon convertible bonds. The redemption was executed at 100.37% of the principal amount, pursuant to the terms and conditions of the bonds and at the option of the bondholders on the Put Option Date of April 27, 2025. The company received notices of redemption for bonds totaling US$1,461,300,000. Following this early redemption, US$20,300,000 in aggregate principal amount of the 2027 bonds will remain outstanding. The announcement, made on April 29, 2025, also stated that further announcements will be made by the Company as and when appropriate in accordance with the Listing Rules of The Stock Exchange of Hong Kong.