BILI

Market-moving news on Bilibili (NASDAQ: BILI): filings, earnings, deals and other events, from REDFILED.

BILI

BILIBILI Closes $500M Convertible Notes as Tencent Trims Stake

Bilibili completed a $500 million zero-coupon convertible note sale due 2031, bought back about $100 million of shares, and Tencent placed 26.4 million shares.

BILI

BILIBILI Prices $700M Convertible Notes With Tencent Taking $200M

Bilibili sells zero-coupon 2031 converts at a 28.3% premium, funds up to $300M in buybacks, while Tencent subscribes $200M and sells 26.4 million shares.