Our News

Baidu, Inc. has successfully completed the offering of US$1 Billion of Senior Notes

Category: Our News 2013.08.26

Baidu, Inc. (Nasdaq: BIDU) (“Baidu”) has successfully completed the offering of 3.25% senior notes due 2018 in the aggregate principal amount of US$1 billion (the “Notes”) in August 2013. Our firm acted as Baidu’s Hong Kong legal advisor in the offering of the Notes.

Baidu, a technology-based media company, is a leading Chinese language internet search provider. In addition to serving individual internet search users, Baidu provides an effective platform for businesses to reach potential customers. In 2013, their website Baidu.com is the largest website in China, the fifth largest website globally and the most used internet search provider in China. The Baidu brand has received the highest ranking for an internet brand in China in BrandZ Top 50 Most Valuable Chinese Brands 2013.