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Trip.com seeks US$1.2 bil loan in funding test amid outbreak

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China’s biggest online travel service provider says loan is for refinancing and working capital. FMTNews TripCom TravelService Coronavirus Covid19

Travellers sit on trolleys as they wait for their flight at Manila’s international airport.

The company is in talks with international and Chinese lenders for the facility, according to people familiar with the matter. The loan comes amid challenges to its business following the new coronavirus that has claimed over 1,300 lives.

 

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