Baidu prices offshore senior notes issue at $1.38b

Baidu prices offshore senior notes issue at $1.38b

FILE PHOTO: The logo of Baidu's AI chatbot Ernie Bot is displayed near a screen showing the Baidu logo, in this illustration picture taken June 28, 2023. REUTERS/Florence Lo/Illustration/File Photo

Baidu on Thursday priced its yuan-denominated offshore offering of senior unsecured notes at 10 billion yuan ($1.38 billion), which were offered to non-US individuals in transactions conducted outside of the United States.

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