04:09 AM EST, 03/05/2025 (MT Newswires) -- Baidu ( BIDU ) said late Tuesday it plans an offering of Chinese renminbi-denominated senior unsecured notes in offshore transactions outside the US.
The company intends to use the net proceeds for general corporate purposes.
Baidu's ( BIDU ) US-listed shares were up 3% in recent premarket activity Wednesday.