Baidu Announces Completion of US$2 Billion Offering of Zero Coupon Exchangeable Bonds
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
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Source: PR Newswire
BEIJING, March 12, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the completion of its US$2 billion in aggregate principal amount of exchangeable bonds due 2032 (the "Bonds"). The Bonds were sold in offshore transactions outside the United States to certain non-U.S. persons (the "Bonds Offering") in reliance on Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act").The Bonds will not bear regular interest, and the principal amount of the Bonds will not accrete. The Bonds will mature on March 12, 2032, unless repurchased, redeemed, or exchanged i
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- Baidu Announces Pricing of US$2 Billion Offering of Zero Coupon Exchangeable BondsPR Newswire
BIDU
Earnings
- 2/18/25 - Beat
BIDU
Sec Filings
- 3/12/25 - Form 6-K
- 3/7/25 - Form 6-K
- 3/7/25 - Form 6-K
- BIDU's page on the SEC website