#China #Beijing #Senior Notes #Baidu #AI Company

Baidu Proposes CNY-Denominated Senior Notes Offering

Introduction
On March 4, 2025, Baidu, Inc. (NASDAQ: BIDU) revealed its plans to issue senior unsecured notes denominated in Chinese Yuan (CNY) through offshore transactions targeting investors outside the United States. This strategic move reflects the company's strong foundation in artificial intelligence and aims to bolster its corporate objectives.

Details of the Offering
The notes offering comes as a response to favorable market conditions, and will be executed in compliance with Regulation S of the U.S. Securities Act of 1933, which provides a framework for offerings involving non-U.S. individuals. While the specific terms, including principal amount, interest rates, and maturity dates, have yet to be established, they are set to be determined during the pricing phase of the offering.

Use of Proceeds
The net proceeds generated from this offering are to be directed toward general corporate purposes. This includes repaying existing debts, covering interest payments, and funding other essential operations. The focus on financial maneuvering highlights Baidu's commitment to maintaining a robust financial health amid evolving market dynamics.

Legal Considerations
It’s crucial to note that these notes have not been, and will not be, registered under the Securities Act or relevant state laws, thereby prohibiting their sale in the United States or to U.S. persons as per the established regulations. This offering will not serve as an invitation to purchase or invest in the notes within the U.S., ensuring compliance with securities regulations globally.

Company Background
Founded in 2000, Baidu has made significant strides in leveraging technology to simplify complex environments for users. As a front-runner in AI development, it operates successfully on Nasdaq under the symbol 'BIDU' and on the Hong Kong Stock Exchange as '9888'. The firm's dedication to innovation has led to the creation of various products and services aimed at enhancing the Internet experience for millions worldwide.

Forward-Looking Statements
The press release includes forward-looking statements aimed at outlining the company's anticipated trajectory and initiatives. These statements are safeguarded under the U.S. Private Securities Litigation Reform Act of 1995 and may involve inherent risks and uncertainties. Factors impacting actual outcomes may vary greatly from current projections. This includes potential shifts in market demand, competitive landscapes, and evolving consumer behaviors within the realm of AI and general technology sectors.

Conclusion
In conclusion, Baidu's proposed offering of CNY-denominated senior unsecured notes showcases its proactive approach to capitalizing on favorable market conditions while strategically managing its financial commitments. As the company endeavors to advance its corporate agendas through this offering, stakeholders remain watchful of its successful implementation and resulting financial impact.