BRIEF-Baidu Announces Proposed Offering Of Exchangeable Bonds Of Up To $2 Billion

Reuters
07 Mar
BRIEF-Baidu Announces Proposed Offering Of Exchangeable Bonds Of Up To $2 Billion

March 7 (Reuters) - Baidu Inc 9888.HK:

  • ANNOUNCES PROPOSED OFFERING OF EXCHANGEABLE BONDS

  • PROPOSES OFFERING OF UP TO $2 BILLION IN EXCHANGEABLE BONDS

  • NET PROCEEDS TO BE USED FOR DEBT REPAYMENT, INTEREST, AND CORPORATE PURPOSES

Further company coverage: 9888.HK

((Reuters.Briefs@thomsonreuters.com;))

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