iQIYI Kicks Off $300 Million Offering of 2030 Convertible Notes-March 2024-www.financetom.com

iQIYI Kicks Off $300 Million Offering of 2030 Convertible Notes

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

iQIYI Kicks Off $300 Million Offering of 2030 Convertible Notes

Feb 20, 2025 1:33 AM

04:10 AM EST, 02/20/2025 (MT Newswires) -- China's iQIYI (IQ) said early Thursday it commenced a $300 million offering of convertible senior notes due 2030.

The online entertainment video services provider intends to use the net proceeds to repay and/or repurchase existing debt securities.

The notes will be convertible at the option of the holders on or after Sept. 15, 2029.

Previous page： E. W. Scripps to Sell WFTX in Fort Myers, Florida, for $40 Million Next page： Hafnia to Acquire 14.45% of TORM Shares From Oaktree

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

E. W. Scripps to Sell WFTX in Fort Myers, Florida, for $40 Million

Sep 3, 2025

10:46 AM EDT, 09/03/2025 (MT Newswires) -- E. W. Scripps ( SSP ) said Wednesday it agreed to sell WFTX in Fort Myers, Florida, to private broadcaster Sun Broadcasting for $40 million. The company said it expects to complete the sale of the local Fox (FOX)-affiliated station in Q4. E. W. Scripps ( SSP ) plans to use cash from...

Hafnia to Acquire 14.45% of TORM Shares From Oaktree

Sep 3, 2025

10:36 AM EDT, 09/03/2025 (MT Newswires) -- Hafnia ( HAFN ) said Wednesday that the controlling shareholder of TORM ( TRMD ) has accepted its offer to acquire about 14.1 million class A shares in TORM ( TRMD ) at $22 per share for a total of around $311 million. The shares represent about 14.45% of TORM's ( TRMD )...

NexMetals Bulk Sample Shows Potential for Saleable Copper, Nickel-Cobalt at Selebi Mines

Sep 3, 2025

10:42 AM EDT, 09/03/2025 (MT Newswires) -- NexMetals Mining ( NEXM ) said Wednesday its bulk sample metallurgical program at the past-producing Selebi Mines in Botswana indicated the possibility of producing separate saleable copper and nickel concentrates with cobalt. The results indicate that an on-site smelter or hydrometallurgical facility may not be required, which could reduce capital requirements and operational...

BT Brands Shares Rise After Signing $3 Million-$5 Million All-Stock Merger Agreement With Aero Velocity

Sep 3, 2025

10:35 AM EDT, 09/03/2025 (MT Newswires) -- BT Brands ( BTBD ) shares were up 115% in recent trading on Wednesday after the restaurant operator and Aero Velocity, a drone technology company, announced an all-stock merger agreement. Under the terms of the deal, Aero Velocity stockholders will make an equity investment into the combined company in the range of $3...