Trip.com Group Ltd.
Baidu Inc. Launches Massive $2 Billion Bond Offering
Baidu Inc., a leading Chinese tech firm, has unveiled plans to issue bonds amounting to $2 billion. This significant move represents the largest dollar bond offering by an Asian entity, featuring an exchange option for shares in Hong Kong's Trip.com Group Ltd. These unique bonds come with a zero coupon and are set to mature in 2032.