Ctrip.com (CTRP) +2.5% AH after announcing a $140M convertible senior note offering its...

|About: Ctrip.com International, Ltd. (CTRP)|By:, SA News Editor

Ctrip.com (CTRP) +2.5% AH after announcing a $140M convertible senior note offering its management and board will participate in. Ctrip insiders, including its chairman, CEO, CFO, and COO will buy $40M of the notes, which are due 2017 and can be converted into Ctrip shares at an undefined price. The company had $60M of debt on its balance sheet as of June 30. (PR)