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Baidu to launch debt offering

Wednesday 1 April 2020 | 08:00 CET | News
Baidu has filed a preliminary prospectus supplement with the US Securities and Exchange Commission (SEC), proposing to sell senior notes. Baidu plans to use the net proceeds from the offering to repay certain existing indebtedness and for general corporate purposes. The joint bookrunners of the offering are Goldman Sachs (Asia) and BofA Securities.

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Categories: Internet
Companies: Baidu
Countries: China
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