Baidu Inc., a leading AI company with a strong Internet foundation, has announced the completion of its offering of CNY4.4 billion aggregate principal amount of 1.90% senior unsecured notes due 2029. These notes were sold in offshore transactions outside the United States to certain non-U.S. persons, relying on Regulation S under the United States Securities Act of 1933. The company intends to use the net proceeds from the offering for general corporate purposes, including repayment of certain existing indebtedness and payment of interest. The listing of and permission to deal in the Notes on The Stock Exchange of Hong Kong Limited is expected to become effective on September 16, 2025.
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. Baidu Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN73179) on September 15, 2025, and is solely responsible for the information contained therein.