GlobeNewswire Inc.Sep 4, 2026, 8:34 AM
Bilibili Inc. Announces Proposed Offerings of US$700 Million Convertible Senior Notes, Concurrent Equity Placement and Concurrent Share Repurchases
Bilibili announced a $700 million convertible senior notes offering due 2031, with $200 million subscribed by Tencent. The company plans to use proceeds for AI-driven growth initiatives, share repurchases ($100 million for delta repurchase and $200 million for Tencent shares), and general corporate purposes. The offerings are subject to shareholder approval at an extraordinary general meeting.
