Baidu (BIDU) Prices $1B Notes Offering
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Baidu Announces Pricing of US$1 Billion Notes Offering
August 18, 2021 6:15 PM EDTBEIJING, Aug. 18, 2021 /PRNewswire/ --Â Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the pricing of its public offering of US$1 billion aggregate principal amount of its notes. The public offering consists of US$300 million of 1.625% notes due 2027 and US$700 million of 2.375% notes due 2031. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on The Stock Exchange of Hong Kong Limited.
The Company expects to receive net proceeds from the offering of... More
