FilingReader Intelligence
Baidu completes bond offerings, eyes debt repayment
March 12, 2025 at 05:00 PM UTC•By FilingReader AI
Baidu, Inc. (HKEX: 9888) has successfully completed multiple bond offerings aimed at bolstering its financial flexibility. The company finalized a US$2 billion offering of zero coupon exchangeable bonds due in 2032, sold in offshore transactions. Concurrently, Baidu completed an offering of CNY10 billion in CNY-denominated senior unsecured notes, including CNY7.5 billion in 2.70% notes due 2030 and CNY2.5 billion in 3.00% notes due 2035.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:9888•Hong Kong Exchange
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