Baidu Plans Debt Offering

By RTT News, 
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(RTTNews.com) - Baidu, Inc. ( BIDU ) said Tuesday that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission under an automatic shelf registration statement on Form F-3, pursuant to which the company proposes to sell senior notes.

The company said it plan to use the net proceeds from the offering for general corporate purposes.

The joint bookrunners of the offering are Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC.

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This article appears in: Bonds

Referenced Stocks: BIDU

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