Bilibili Inc. Announces Additional US$90 Million Convertible Senior Notes Offering, Totaling US$690 Million

Reuters
05-23
<a href="https://laohu8.com/S/BLBLF">Bilibili Inc.</a> Announces Additional US$90 Million Convertible Senior Notes Offering, Totaling US$690 Million

Bilibili Inc., a company incorporated in the Cayman Islands and controlled through weighted voting rights, has announced the offering of additional convertible senior notes valued at US$90 million. This follows the company's previous announcement on May 21, 2025, regarding the offering of US$600 million in aggregate principal amount of convertible senior notes due 2030. The recent development involves the grant of an option to the initial purchasers to buy up to an additional US$90 million principal amount of the notes within a 30-day period. The net proceeds from this offering, estimated at US$88,650,000 after deducting fees and expenses, will be used to enhance the company's content ecosystem, improve monetization efficiency, fund repurchases, and for other general corporate purposes. The convertible senior notes are not registered in Hong Kong or under the United States Securities Act of 1933.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bilibili Inc. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.

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