Bilibili (BILI) said Friday that it completed its offering of $690 million in convertible senior notes due 2030, which includes the full exercise of the initial purchasers' option to buy an additional $90 million in notes.
The company said it also finalized a concurrent underwritten offering of 10.3 million borrowed Class Z ordinary shares.
The notes bear interest at 0.625% annually and mature on June 1, 2030, the company said, adding that they are convertible into Class Z shares at an initial rate of 42.1747 shares per $1,000 of notes-about 32.5% above the concurrent offering price of 140.10 Hong Kong dollars ($17.8).
Bilibili said it plans to use proceeds to expand its content ecosystem, drive user growth, develop IP assets, support monetization efforts, and fund repurchase programs.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。