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Baidu Strengthens Financial Position with New Bond Issuances

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Baidu Strengthens Financial Position with New Bond Issuances

The latest announcement is out from Baidu ( (BIDU) ).

On March 12, 2025, Baidu, Inc. executed an Eleventh Supplemental Indenture with The Bank of New York Mellon, involving the issuance of CNY7.5 billion in 2.70% notes due 2030 and CNY2.5 billion in 3.00% notes due 2035. Additionally, a Trust Deed was established for US$2 billion zero-coupon exchangeable bonds due 2032. These financial maneuvers aim to strengthen Baidu’s capital structure, potentially enhancing its market position and offering new opportunities for stakeholders.

More about Baidu

Baidu, Inc. is a leading technology company in China, primarily known for its internet-related services and products, including a popular search engine. The company focuses on artificial intelligence and internet services, positioning itself as a major player in the tech industry.

YTD Price Performance: 13.45%

Average Trading Volume: 4,760,032

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $33.08B

See more data about BIDU stock on TipRanks’ Stock Analysis page.

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