China video-streaming firm IQIYI raises $1.1 billion in convertible bonds

China video-streaming firm IQIYI raises $1.1 billion in convertible bonds

5 years ago
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https://www.reuters.com/article/us-iqiyi-convertible-bond/china-video-streaming-firm-iqiyi-raises-1-1-billion-in-convertible-bonds-idUSKCN1R708R

Video-streaming firm iQIYI, backed by search engine giant Baidu, on Wednesday raised $1.05 billion in six-year convertible bonds, in what is the second-largest such deal by a U.S.-listed Chinese company.