Makemytrip limited announces pricing of upsized $200 million 0.00% convertible senior notes due 2028

New york, feb. 05, 2021 (globe newswire) -- gurugram, india, february 5, 2021 / new york, february 5, 2021 makemytrip limited (nasdaq: mmyt) (“mmyt” or the “company”) today announced the pricing of $200 million in aggregate principal amount of 0.00% convertible senior notes due 2028 (the “notes” and the “notes offering”, respectively). the notes offering was upsized from the previously announced offering of $175 million in aggregate principal amount of the notes. in connection with the notes offering, the company has granted to the initial purchasers of the notes a 30-day option to purchase up to an additional $30 million in aggregate principal amount of the notes. the sale of the notes to the initial purchasers is expected to settle on february 9, 2021, subject to customary closing conditions.
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