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Baidu offering two tranches of senior dollar-denominated notes
By Colin Hanner
Chicago, June 27 – Baidu, Inc. is offering two tranches of senior dollar-denominated notes, the company said in a 424B5 filing with the Securities and Exchange Commission.
Goldman Sachs (Asia) LLC, JPMorgan and HSBC are joint bookrunners for the deal.
Proceeds from the notes will go towards repaying existing debt and for general corporate purposes.
Baidu is a Beijing-based web services company.
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