Bilibili expects $200 million convertible notes offering to close in early November
BILI•Bilibili expects Tencent’s $200 million subscription for convertible senior notes due 2031 to close in early November 2026. Shareholders approved a linked $200 million repurchase of 13,591,090 Class Z ordinary shares, including American depositary shares; the transactions are conditional on each other and will close concurrently.
1. Linked transactions approved
Bilibili expects Tencent’s $200 million subscription for convertible senior notes due 2031 to close in early November 2026. Shareholders approved the linked $200 million repurchase of 13,591,090 Class Z ordinary shares, including American depositary shares. The transactions will close concurrently, with each conditional on the other.
