BEIJING, June 22, 2015 /PRNewswire/ -- Baidu, Inc.
(NASDAQ: BIDU) ("Baidu" or the "Company"), the leading Chinese
language Internet search provider, today announced that it has
filed a preliminary prospectus supplement with the United States
Securities and Exchange Commission (the "SEC") under an automatic
shelf registration statement on Form F-3, pursuant to which the
Company proposes to sell senior notes. The Company intends to use
the net proceeds from the offering for general corporate
purposes.
The joint bookrunners of the offering are Goldman Sachs
(Asia) L.L.C. and J.P. Morgan
Securities LLC.
This notice is not an offer of the securities for sale in
the United States of America. Any
public offering of these securities in the United States will be made by means of a
prospectus that contains detailed information about the issuer,
which prospectus may be obtained free of charge from EDGAR on the
SEC Web site at www.sec.gov. Alternatively, the Company, any
underwriter or any dealer participating in the offering will
arrange to send an investor the prospectus if the investor requests
it by calling Goldman, Sachs & Co. toll-free at 1-866-471-2526
or J.P. Morgan Securities LLC at 1-212-834-4533. A registration
statement relating to these securities has been filed with the SEC
and has become effective under the U.S. Securities Act of 1933.
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of,
these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
The securities referred to herein have not been and will not be
registered under the applicable securities laws of any jurisdiction
outside of the United States of
America.
About Baidu
Baidu, Inc. is the leading Chinese language Internet search
provider. As a technology-based media company, Baidu aims to
provide the best and most equitable way for people to find what
they're looking for. In addition to serving individual Internet
search users, Baidu provides an effective platform for businesses
to reach potential customers. Baidu's ADSs trade on the NASDAQ
Global Select Market under the symbol "BIDU". Currently, ten ADSs
represent one Class A ordinary share.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. Among
other things, the description of the proposed offering in this
announcement contains forward-looking statements. Baidu may also
make written or oral forward-looking statements in its periodic
reports to the SEC, in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about Baidu's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: our proposed
use of proceeds from the sale of debt securities; our growth
strategies, our strategies for investing in and acquiring
complementary businesses and assets and our ability to execute
these strategies; our future business development, including
development of new products and services; our ability to attract
and retain users and customers; competition in the Chinese language
Internet search markets; competition for online marketing
customers; changes in our revenues and certain cost or expense
items as a percentage of our revenues; the outcome of ongoing, or
any future, litigation or arbitration; the expected growth of the
Chinese language Internet search market and the number of Internet
and broadband users in China;
Chinese governmental policies relating to the Internet and Internet
search providers and general economic conditions in China and elsewhere. Further information
regarding these and other risks is included in our annual report on
Form 20-F, Form F-3 and other documents filed with the SEC. All
information provided in this press release is as of the date of the
press release, and Baidu undertakes no duty to update such
information, except as required under applicable law.
For investor and media inquiries, please contact:
Sharon Ng
Baidu, Inc.
Tel: +86-10-5992-4958
Email: ir@baidu.com
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SOURCE Baidu, Inc.