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H World Group Ltd — Capital/Financing Update 2020
Jan 10, 2020
30504_ffr_2020-01-10_4d06740d-22d6-42d4-a5f1-d22a67aa1a7c.zip
Capital/Financing Update
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6-K 1 f6k_011020.htm FORM 6-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2020
Commission File Number: 001-34656
Huazhu Group Limited (Translation of registrant’s name into English)
No. 2266 Hongqiao Road Changning District Shanghai 200336 People’s Republic of China (86) 21 6195-2011 (Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1):___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (7):___
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Conversion Rate Adjustment for Convertible Senior Notes due 2022 as a Result of Dividend
In January 2020, the board of directors of Huazhu Group Limited (the “Company”) declared a cash dividend of US$0.34 per ordinary share, or US$0.34 per ADS. Holders of the Company’s ordinary shares or ADS at the close of trading on January 10, 2020 (U.S. Eastern Time) will be entitled to receive the cash dividend. As a result of the cash dividend, the conversion rate for the Company’s outstanding 0.375% convertible senior notes due 2022 issued in November 2017 (the “Notes”) increased from 22.3310 to 22.5215 with immediate effect after the close of trading on January 10, 2020 (U.S. Eastern Time). The adjustment is made in accordance with the terms of the Indenture for the Notes.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Huazhu Group Limited | ||
|---|---|---|
| (Registrant) | ||
| Date: January 10, 2020 | By: | /s/ Qi Ji |
| Name: | Qi Ji | |
| Title: | Executive Chairman of the Board of Directors, Chief Executive Officer |