Articles from MakeMyTrip Ltd

MakeMyTrip Ltd (NASDAQ: MMYT, the “Company” or “MakeMyTrip”), today announced the pricing of its previously announced offering of US$1.25 billion in aggregate principal amount of 0.00% convertible senior notes due 2030 (the “Notes Offering” and the “Notes”, respectively). The Notes have been offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has granted the initial purchasers in the Notes Offering a 13-day option to purchase up to an additional US$187.5 million in aggregate principal amount of the Notes. The Company expects to close the Notes Offering on or about June 23, 2025, subject to the satisfaction of customary closing conditions.

MakeMyTrip Ltd (NASDAQ: MMYT, the “Company” or “MakeMyTrip”), today announced that it proposes to offer US$1.25 billion in aggregate principal amount of convertible senior notes due 2030 (the “Notes Offering”), subject to market and other conditions, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company expects to grant the initial purchasers a 13-day option to purchase up to an additional US$187.5 million in aggregate principal amount of the Notes.