Financing ·
Bilibili Inc. priced US$700 million in convertible senior notes due September 2031, including a US$200 million…
BILIBilibili Inc.
Bilibili Inc. priced US$700 million in convertible senior notes due September 2031, including a US$200 million subscription by Tencent Holdings Limited. The company concurrently executed an equity placement of approximately 33.4 million Class Z ordinary shares at HK$115.38 per share and repurchased roughly 20.4 million shares for approximately US$300 million. Proceeds will fund the buybacks, support AI-driven growth initiatives, and serve general corporate purposes. The notes carry an initial conversion price of approximately HK$155.79, representing a 28.3% premium to the closing share price on September 4, 2026. Bilibili operates as a leading video community for young generations in China.