Bilibili announces $500m convertible notes offering, concurrent actions

Bilibili Inc. (HKEX: 9626) has announced a proposed offering of US$500 million in convertible senior notes due in 2030, alongside a concurrent offering of Class Z ordinary shares and a share repurchase program. The notes offering, subject to market conditions, is aimed at qualified institutional buyers, with an option for initial purchasers to acquire an additional US$75 million in notes.