Baidu Again Tapping U.S. Bond Market

By | June 23, 2015

Scalper1 News

Chinese Internet search leader Baidu (BIDU) is again tapping the U.S. bond market, according to a filing Tuesday with the Securities and Exchange Commission. The offering’s size was not given in the SEC filing. Baidu said it “intends to use the net proceeds from the offering for general corporate purposes.” Goldman Sachs (Asia) and JPMorgan Securities will handle the bond offering, which comes after Baidu sold a $1 billion, five-year bond offering Scalper1 News

Scalper1 News