NasdaqGS:HTHTHospitality
H World Group (HTHT) Could Be 29% Undervalued Following Its CNY 3.35b Bond Pricing
H World Group (NasdaqGS:HTHT) has priced CNY 3.35b of senior unsecured bonds carrying a 2.25% coupon and maturing in 2031, giving investors fresh information about the company’s funding mix.
The bond pricing comes at a time when H World Group’s share price has slipped 6.8% over the past week and is down 11.1% year to date. However, the 1-year total shareholder return of 20.0% suggests that longer-term performance has been more supportive.
Compare H World Group’s new bond issue with those of...