Baidu Plans Chinese Renminbi-Denominated Debt Offering

MT Newswires Live

2025/03/05

Baidu (BIDU) said late Tuesday it plans an offering of Chinese renminbi-denominated senior unsecured notes in offshore transactions outside the US.

The company intends to use the net proceeds for general corporate purposes.

Baidu's US-listed shares were up 3% in recent premarket activity Wednesday.

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