March 6 (Reuters) - Baidu ( BIDU ) on Thursday priced

its yuan-denominated offshore offering of senior unsecured notes

at 10 billion yuan ($1.38 billion), which were offered to

non-U.S. individuals in transactions conducted outside of the

United States.

The Chinese technology firm's offering comprises 7.5 billion

yuan of 2.70% notes due in 2030, and 2.5 billion yuan of 3.00%

notes due in 2035.

Baidu ( BIDU ) said it plans to use the proceeds from the offering,

which it announced on March 5, for general corporate purposes

which may include repaying certain existing debts, paying

interest, and other corporate needs.

The official closure of this offering is expected on or

about March 12, contingent on the satisfaction of customary

closing conditions.

The notes are expected to be listed on the Hong Kong Stock

Exchange, Baidu ( BIDU ) said.

($1 = 7.2506 Chinese yuan renminbi)

(Reporting by Adwitiya Srivastava in Bengaluru; Editing by

Varun H K)