SHANGHAI, April 3, 2020 /PRNewswire/ — Group Limited (Nasdaq: TCOM) (“ Group” or the “Company”), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate travel management, and other travel-related services, today announced that it has entered into, as borrower, a facility agreement (the “Facility Agreement”) dated April 3, 2020 with certain financial institutions specified therein, for up to US$1 billion transferrable term and revolving loan facility with an incremental facility of up to US$500 million (the “Facilities”).

The Facilities have a 3-year tranche and a 5-year tranche. The proceeds borrowed under the Facilities may be used for the general working capital requirements of the Group, including…

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