diff --git a/idea/src/META-INF/plugin.xml b/idea/src/META-INF/plugin.xml
index dffd95238db..aa30cb94ab4 100644
--- a/idea/src/META-INF/plugin.xml
+++ b/idea/src/META-INF/plugin.xml
@@ -1189,6 +1189,11 @@
       <category>Kotlin</category>
     </intentionAction>
 
+    <intentionAction>
+      <className>org.jetbrains.kotlin.idea.intentions.ToRawStringLiteralIntention</className>
+      <category>Kotlin</category>
+    </intentionAction>
+
     <localInspection implementationClass="org.jetbrains.kotlin.idea.intentions.ObjectLiteralToLambdaInspection"
                      displayName="Object literal can be converted to lambda"
                      groupName="Kotlin"
diff --git a/idea/src/org/jetbrains/kotlin/idea/intentions/ToRawStringLiteralIntention.kt b/idea/src/org/jetbrains/kotlin/idea/intentions/ToRawStringLiteralIntention.kt
new file mode 100644
index 00000000000..d454dd2e5dd
--- /dev/null
+++ b/idea/src/org/jetbrains/kotlin/idea/intentions/ToRawStringLiteralIntention.kt
@@ -0,0 +1,80 @@
+/*
+ * Copyright 2010-2016 JetBrains s.r.o.
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ * http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS,
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+
+package org.jetbrains.kotlin.idea.intentions
+
+import com.intellij.codeInsight.intention.LowPriorityAction
+import com.intellij.openapi.editor.Editor
+import com.intellij.openapi.util.text.StringUtilRt
+import org.jetbrains.kotlin.psi.KtEscapeStringTemplateEntry
+import org.jetbrains.kotlin.psi.KtPsiFactory
+import org.jetbrains.kotlin.psi.KtStringTemplateEntry
+import org.jetbrains.kotlin.psi.KtStringTemplateExpression
+
+class ToRawStringLiteralIntention : SelfTargetingOffsetIndependentIntention<KtStringTemplateExpression>(
+        KtStringTemplateExpression::class.java,
+        "To raw string literal"
+), LowPriorityAction {
+    override fun isApplicableTo(element: KtStringTemplateExpression): Boolean {
+        val text = element.text
+        if (text.startsWith("\"\"\"")) return false // already raw
+
+        val escapeEntries = element.entries.filterIsInstance<KtEscapeStringTemplateEntry>()
+        for (entry in escapeEntries) {
+            val c = entry.unescapedValue.singleOrNull() ?: return false
+            if (Character.isISOControl(c) && c != '\n' && c != '\r') return false
+        }
+
+        val converted = convertContent(element)
+        return !converted.contains("\"\"\"") && !hasTrailingSpaces(converted)
+    }
+
+    override fun applyTo(element: KtStringTemplateExpression, editor: Editor?) {
+        val text = convertContent(element)
+        element.replace(KtPsiFactory(element).createExpression("\"\"\"" + text + "\"\"\""))
+    }
+
+    private fun convertContent(element: KtStringTemplateExpression): String {
+        val text = buildString {
+            val entries = element.entries
+            for ((index, entry) in entries.withIndex()) {
+                val value = entry.value()
+
+                if (value.endsWith("$") && index < entries.size - 1) {
+                    val nextChar = entries[index + 1].value().first()
+                    if (nextChar.isJavaIdentifierStart() || nextChar == '{') {
+                        append("\${\"$\"}")
+                        continue
+                    }
+                }
+
+                append(value)
+            }
+        }
+        return StringUtilRt.convertLineSeparators(text, "\n")
+    }
+
+    private fun hasTrailingSpaces(text: String): Boolean {
+        var afterSpace = true
+        for (c in text) {
+            if ((c == '\n' || c == '\r') && afterSpace) return true
+            afterSpace = c == ' ' || c == '\t'
+        }
+        return false
+    }
+
+    private fun KtStringTemplateEntry.value() = if (this is KtEscapeStringTemplateEntry) this.unescapedValue else text
+}
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/.intention b/idea/testData/intentions/toRawStringLiteral/.intention
new file mode 100644
index 00000000000..22fc2dca859
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/.intention
@@ -0,0 +1 @@
+org.jetbrains.kotlin.idea.intentions.ToRawStringLiteralIntention
diff --git a/idea/testData/intentions/toRawStringLiteral/3quotes.kt b/idea/testData/intentions/toRawStringLiteral/3quotes.kt
new file mode 100644
index 00000000000..cca27e059fb
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/3quotes.kt
@@ -0,0 +1,2 @@
+// IS_APPLICABLE: false
+val v = <caret>"\"\"\"Hello, world!\"\"\""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/alreadyRaw.kt b/idea/testData/intentions/toRawStringLiteral/alreadyRaw.kt
new file mode 100644
index 00000000000..f7431f4bd20
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/alreadyRaw.kt
@@ -0,0 +1,2 @@
+// IS_APPLICABLE: false
+val v = <caret>""" """
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/dollar.kt b/idea/testData/intentions/toRawStringLiteral/dollar.kt
new file mode 100644
index 00000000000..fb3c1f0b4c5
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/dollar.kt
@@ -0,0 +1 @@
+val v = <caret>"\$abc"
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/dollar.kt.after b/idea/testData/intentions/toRawStringLiteral/dollar.kt.after
new file mode 100644
index 00000000000..ac3f220ea40
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/dollar.kt.after
@@ -0,0 +1 @@
+val v = <caret>"""${"$"}abc"""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/dollar2.kt b/idea/testData/intentions/toRawStringLiteral/dollar2.kt
new file mode 100644
index 00000000000..a656702a171
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/dollar2.kt
@@ -0,0 +1 @@
+val v = <caret>" $\u0041 $ \${} $"
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/dollar2.kt.after b/idea/testData/intentions/toRawStringLiteral/dollar2.kt.after
new file mode 100644
index 00000000000..baa9a2cfe1b
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/dollar2.kt.after
@@ -0,0 +1 @@
+val v = """ ${"$"}A $ ${"$"}{} $"""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt b/idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt
new file mode 100644
index 00000000000..b5a16d90355
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt
@@ -0,0 +1 @@
+val v = <caret>"\"Hello, world!\" \\ \'a\'"
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt.after b/idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt.after
new file mode 100644
index 00000000000..83e675cfcb9
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt.after
@@ -0,0 +1 @@
+val v = <caret>""""Hello, world!" \ 'a'"""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/simple.kt b/idea/testData/intentions/toRawStringLiteral/simple.kt
new file mode 100644
index 00000000000..3a17c96f351
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/simple.kt
@@ -0,0 +1 @@
+val v = <caret>"\"\\Hello,\nworld!\\\""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/simple.kt.after b/idea/testData/intentions/toRawStringLiteral/simple.kt.after
new file mode 100644
index 00000000000..755d4a19631
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/simple.kt.after
@@ -0,0 +1,2 @@
+val v = <caret>""""\Hello,
+world!\""""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/specialChar.kt b/idea/testData/intentions/toRawStringLiteral/specialChar.kt
new file mode 100644
index 00000000000..1580f7c1a04
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/specialChar.kt
@@ -0,0 +1,2 @@
+// IS_APPLICABLE: false
+val v = <caret>"\u0000"
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/tabCharacter.kt b/idea/testData/intentions/toRawStringLiteral/tabCharacter.kt
new file mode 100644
index 00000000000..0fe023e9f78
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/tabCharacter.kt
@@ -0,0 +1,2 @@
+// IS_APPLICABLE: false
+val v = <caret>"\t"
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/trailingSpace.kt b/idea/testData/intentions/toRawStringLiteral/trailingSpace.kt
new file mode 100644
index 00000000000..71a2782e9ee
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/trailingSpace.kt
@@ -0,0 +1,2 @@
+// IS_APPLICABLE: false
+val v = <caret>"\"\\Hello, \nworld!\\\""
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt b/idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt
new file mode 100644
index 00000000000..317c635b870
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt
@@ -0,0 +1 @@
+val v = <caret>"Hello, world!\n "
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt.after b/idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt.after
new file mode 100644
index 00000000000..1cbc6e4d32f
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt.after
@@ -0,0 +1,2 @@
+val v = <caret>"""Hello, world!
+ """
\ No newline at end of file
diff --git a/idea/testData/intentions/toRawStringLiteral/trailingSpace3.kt b/idea/testData/intentions/toRawStringLiteral/trailingSpace3.kt
new file mode 100644
index 00000000000..b796e8731c6
--- /dev/null
+++ b/idea/testData/intentions/toRawStringLiteral/trailingSpace3.kt
@@ -0,0 +1,2 @@
+// IS_APPLICABLE: false
+val v = <caret>"\n Hello, world!"
\ No newline at end of file
diff --git a/idea/testData/quickfix/autoImports/delegateNoOperator.test b/idea/testData/quickfix/autoImports/delegateNoOperator.test
index 9af6d8f94b8..6fc3097634e 100644
--- a/idea/testData/quickfix/autoImports/delegateNoOperator.test
+++ b/idea/testData/quickfix/autoImports/delegateNoOperator.test
@@ -1,6 +1,7 @@
 // FILE: first.before.kt
 // "Import" "false"
 // ERROR: Missing 'getValue(Nothing?, KProperty<*>)' method on delegate of type 'String'
+// ACTION: To raw string literal
 
 package b
 
diff --git a/idea/testData/quickfix/createFromUsage/createClass/callExpression/callWithExtraArgs.kt b/idea/testData/quickfix/createFromUsage/createClass/callExpression/callWithExtraArgs.kt
index e022d12783e..85930497230 100644
--- a/idea/testData/quickfix/createFromUsage/createClass/callExpression/callWithExtraArgs.kt
+++ b/idea/testData/quickfix/createFromUsage/createClass/callExpression/callWithExtraArgs.kt
@@ -3,6 +3,7 @@
 // ACTION: Add parameter to constructor 'Foo'
 // ACTION: Create secondary constructor
 // ERROR: Too many arguments for public constructor Foo(a: Int) defined in Foo
+// ACTION: To raw string literal
 
 class Foo(a: Int)
 
diff --git a/idea/testData/quickfix/typeMismatch/addArrayOfTypeForJavaAnnotation.before.Main.kt b/idea/testData/quickfix/typeMismatch/addArrayOfTypeForJavaAnnotation.before.Main.kt
index 3499c0c081f..0e195a4e94b 100644
--- a/idea/testData/quickfix/typeMismatch/addArrayOfTypeForJavaAnnotation.before.Main.kt
+++ b/idea/testData/quickfix/typeMismatch/addArrayOfTypeForJavaAnnotation.before.Main.kt
@@ -3,5 +3,6 @@
 // ACTION: Create test
 // ACTION: Make internal
 // ACTION: Make private
+// ACTION: To raw string literal
 
 @ArrAnn(<caret>"123") class My
\ No newline at end of file
diff --git a/idea/testData/quickfix/typeMismatch/parameterTypeMismatch/changeFunctionParameterType4.kt b/idea/testData/quickfix/typeMismatch/parameterTypeMismatch/changeFunctionParameterType4.kt
index bbc9aa20f83..2a86e92fd0d 100644
--- a/idea/testData/quickfix/typeMismatch/parameterTypeMismatch/changeFunctionParameterType4.kt
+++ b/idea/testData/quickfix/typeMismatch/parameterTypeMismatch/changeFunctionParameterType4.kt
@@ -1,4 +1,5 @@
 // "Change parameter 'z' type of function 'foo' to '(Int) -> String'" "false"
+// ACTION: To raw string literal
 
 fun foo(y: Int = 0, z: (Int) -> String = {""}) {
     foo {
diff --git a/idea/tests/org/jetbrains/kotlin/idea/intentions/IntentionTestGenerated.java b/idea/tests/org/jetbrains/kotlin/idea/intentions/IntentionTestGenerated.java
index 6679a195e7e..6a38a1c2f28 100644
--- a/idea/tests/org/jetbrains/kotlin/idea/intentions/IntentionTestGenerated.java
+++ b/idea/tests/org/jetbrains/kotlin/idea/intentions/IntentionTestGenerated.java
@@ -9231,6 +9231,81 @@ public class IntentionTestGenerated extends AbstractIntentionTest {
         }
     }
 
+    @TestMetadata("idea/testData/intentions/toRawStringLiteral")
+    @TestDataPath("$PROJECT_ROOT")
+    @RunWith(JUnit3RunnerWithInners.class)
+    public static class ToRawStringLiteral extends AbstractIntentionTest {
+        @TestMetadata("3quotes.kt")
+        public void test3quotes() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/3quotes.kt");
+            doTest(fileName);
+        }
+
+        public void testAllFilesPresentInToRawStringLiteral() throws Exception {
+            KotlinTestUtils.assertAllTestsPresentByMetadata(this.getClass(), new File("idea/testData/intentions/toRawStringLiteral"), Pattern.compile("^([\\w\\-_]+)\\.kt$"), true);
+        }
+
+        @TestMetadata("alreadyRaw.kt")
+        public void testAlreadyRaw() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/alreadyRaw.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("dollar.kt")
+        public void testDollar() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/dollar.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("dollar2.kt")
+        public void testDollar2() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/dollar2.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("quotesAndSlashes.kt")
+        public void testQuotesAndSlashes() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/quotesAndSlashes.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("simple.kt")
+        public void testSimple() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/simple.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("specialChar.kt")
+        public void testSpecialChar() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/specialChar.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("tabCharacter.kt")
+        public void testTabCharacter() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/tabCharacter.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("trailingSpace.kt")
+        public void testTrailingSpace() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/trailingSpace.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("trailingSpace2.kt")
+        public void testTrailingSpace2() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/trailingSpace2.kt");
+            doTest(fileName);
+        }
+
+        @TestMetadata("trailingSpace3.kt")
+        public void testTrailingSpace3() throws Exception {
+            String fileName = KotlinTestUtils.navigationMetadata("idea/testData/intentions/toRawStringLiteral/trailingSpace3.kt");
+            doTest(fileName);
+        }
+    }
+
     @TestMetadata("idea/testData/intentions/usePropertyAccessSyntax")
     @TestDataPath("$PROJECT_ROOT")
     @RunWith(JUnit3RunnerWithInners.class)