Chinese food delivery firm Meituan looking to raise up to $2b in dollar bond deal

Chinese food delivery firm Meituan looking to raise up to $2b in dollar bond deal

FILE PHOTO: Visitors stand near a booth of Meituan at the 2022 World Robot Conference in Beijing, China August 18, 2022. REUTERS/Tingshu Wang/File Photo

China’s Meituan is aiming to raise up to $2 billion in a 3.5- and 5-year dollar bond deal, according to two sources with direct knowledge of the matter and a term sheet seen by Reuters on Tuesday.