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BIDU-SW Completes RMB10B Senior Notes Issuance
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BIDU-SW (09888.HK) announced the completion of a RMB10 billion issuance of senior notes denominated in RMB. The issuance comprises RMB7.5 billion 2.7% notes due in 2030 and RMB2.5 billion 3% notes due in 2035. The Company intends to use the net proceeds from the Notes Offering for general corporate purposes, including repayment of certain existing indebtedness, payment of interest and general corporate purposes. AAStocks Financial News |
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