Bilibili Completes $690 Million Convertible Notes Offering

The latest update is out from Bilibili, Inc. Class Z ( (HK:9626) ).

Bilibili Inc. has successfully completed the issuance of US$690 million in convertible senior notes due in 2030. This includes an additional US$90 million from the initial purchasers’ option. Additionally, the company completed a concurrent offering of 10,281,240 Class Z ordinary shares borrowed from non-affiliate third parties. These financial maneuvers are expected to bolster Bilibili’s capital structure and potentially enhance its market positioning.

The most recent analyst rating on (HK:9626) stock is a Buy with a HK$249.00 price target. To see the full list of analyst forecasts on Bilibili, Inc. Class Z stock, see the HK:9626 Stock Forecast page.

More about Bilibili, Inc. Class Z

Bilibili Inc. is a company incorporated in the Cayman Islands, operating with weighted voting rights. It is known for its focus on digital entertainment and media, particularly in the Chinese market.

Average Trading Volume: 5,866,656

Technical Sentiment Signal: Buy

Current Market Cap: HK$58.01B

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