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Prospect News home > News index > List of issuers B > Headlines for Baidu, Inc. > News item
Published on 11/7/2018 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Baidu offering two tranches of dollar-denominated notes

By Rebecca Melvin

New York, Nov. 7 – Baidu, Inc. is offering two tranches of U.S. dollar-denominated notes, the company said in a 424B5 filing with the Securities and Exchange Commission.

Goldman Sachs (Asia) LLC and J.P. Morgan Securities LLC are joint bookrunners for the Securities and Exchange Commission-registered deal.

Proceeds from the notes will go toward repaying existing debt and for general corporate purposes.

Baidu is a Beijing-based internet services company.


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