Baidu proposes CNY-denominated senior notes

4 hours ago 1
Baidu Inc. Headquarters

zorazhuang

Baidu (NASDAQ:BIDU) proposed a CNY-denominated offering of senior unsecured notes in offshore transactions targeted at non-U.S. persons, with final terms such as interest rates, principal amount, and maturity to be set at the time of pricing.

The proceeds are intended

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