Davis Polk advised the underwriters on an SEC-registered offering by Baidu, Inc. of its $650 million 1.720% notes due 2026 and $300 million 2.375% notes due 2030.
Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. Baidu’s ADSs currently trade on the Nasdaq Global Select Market.
The Davis Polk corporate team included partners James C. Lin and Gerhard Radtke and registered foreign lawyer Jennifer (Yujia) Jiang and Marcus Tan. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.