Skadden advised AI company Baidu, Inc. on its CNY4.4 billion Regulation S senior notes offering, which consists of aggregate principal amount of 1.90% senior unsecured notes due 2029. The offering was closed on September 15, 2025. The notes are listed on the Hong Kong Stock Exchange. For more information, please see the company’s press release here.
The corporate team was led by Shu Du, Jonathan Stone and Paloma Wang, and included Kenneth Chase, Lillian Lian, Derek Li and Ares Yiu.