Chinese internet search giant Baidu is selling the five-year notes in order to raise cash for general corporate purposes.
June 09, 2014 at 05:10 AM
1 minute read
The original version of this story was published on Global Lawyer News
Skadden, Arps, Slate, Meagher & Flom is advising Chinese internet search giant Baidu Inc. on a $1 billion bond sale.
Baidu is selling the five-year notes in order to raise cash for general corporate purposes, according to a statement. The dollar-denominated bonds are expected to list on the Singapore Exchange.
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