H World Group Ltd (HWLDF) bonds
HWLDFOTCHotels & MotelsFiscal year ends December 31Also trades as HTHT
$4.25+0.52 (+13.94%)
Close on Oct 19, 2026Market cap $14.64BP/E 19.9Yield –
Debt
Borrowings on the balance sheet, Jun 30, 2026
Total debt
CN¥4.23B
CN¥911.00M due within a year
Net debt
-CN¥10.02B
After CN¥14.25B of cash
Implied interest rate
6.00%
FY2025 interest ÷ average debt
Interest coverage
20.2×
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, CNY
When the debt comes due
Principal repayments of long-term debt by fiscal year, as scheduled at Dec 31, 2025
From the debt maturity table in the annual report (filing). “Later” is everything due after year five.
Notes and loans outstanding
As tagged in H World's 20-F for the period ended Dec 31, 2025
| Issue | Coupon | Matures | Amount issued |
|---|---|---|---|
| 2026 Notes Convertible at $24 a share | 3.00% | 2026 | $500.00M |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 20-F.
Credit facilities
Revolving credit lines and other committed borrowing capacity
| Facility | Size | Drawn |
|---|---|---|
| Loan facility entered in July 2025 | CN¥2.00B | CN¥1.40B |
| Long-term facility entered in August 2022 | €220.00M | – |
| Revolving credit facility entered in August 2022 | €70.00M | – |
| Syndicated loan contract entered in march 2024 | CN¥400.00M | – |
| Term loan and revolving credit facility entered in November 2025 | CN¥300.00M | – |
| Uncommitted revolving loan facility one | $100.00M | – |
| Uncommitted revolving loan facility two | $50.00M | – |