iQIYI 3.75% convertible holders have repurchase rights to Nov. 29

Chicago, Oct. 25 – iQIYI Inc. announced to the holders of its 3.75% convertible senior notes due 2023 (Cusip: 46267XAB4) that each holder has the right to require the company to repurchase all or some of their notes through 5 p.m. ET on Nov. 29, according to a press release.

Noteholders may have their notes repurchased at par plus any interest to the settlement date on Dec. 1.

Holders may also withdraw their notes from the offer before the deadline.

Details about the terms, conditions and procedures will be available through Depository Trust Co. and Citibank, NA, the paying agent.

Questions can also be directed to the trustee by contacting Terence Yeung, Agency & Trust, Citicorp International Ltd. (Terence.yeung@citi.com).

iQIYI is a Beijing-based online entertainment service provider.

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