BRIEF-Bilibili Announces Notes Repurchases And Equity Offering

Reuters2023-01-09

Jan 9 (Reuters) - Bilibili Inc :

* BILIBILI INC. ANNOUNCES PROPOSED NOTES REPURCHASES AND EQUITY OFFERING

* BILIBILI: COMMENCED AN UNDERWRITTEN OFFERING OF 15.34 MILLION AMERICAN DEPOSITARY SHARES

* BILIBILI - PROPOSES TO ISSUE ADSS PARTIALLY IN EXCHANGE FOR AT LEAST US$269.3 MILLION OF ITS OUTSTANDING 0.50% CONVERTIBLE SENIOR NOTES DUE DEC 2026

* BILIBILI - NET PROCEEDS WILL BE USED BY GOLDMAN SACHS TO FUND PURCHASE PRICE OF EXCHANGE NOTES PAYABLE BY GOLDMAN SACHS TO HOLDERS OF EXCHANGE NOTES

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