IQIYI, Inc. Announces the Results of the Repurchase Right Offer for Its 4.00% Convertible Senior Notes Due 2026
IQIYI, Inc. Announces the Results of the Repurchase Right Offer for Its 4.00% Convertible Senior Notes Due 2026
BEIJING, Aug. 01, 2024 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video services in China, today announced the results of its previously announced repurchase right offer relating to its 4.00% Convertible Senior Notes due 2026 (CUSIP No. 46267XAE8) (the "Notes"). The repurchase right offer expired at 5:00 p.m., New York City time, on Tuesday, July 30, 2024. Based on information from Citibank, N.A. as the paying agent for the Notes, US$395,450,000 aggregate principal amount of the Notes were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer. The aggregate amount of the repurchase price of these Notes (including the aggregate principal amount of the Notes plus accrued and unpaid interest) (the "Repurchase Price") is US$397,471,188.84. The Company has forwarded cash in payment of the Repurchase Price to the Paying Agent for distribution to the Holders that had validly exercised their repurchase right. Following settlement of the repurchase, US$157,000 aggregate principal amount of the Notes will remain outstanding and continue to be subject to the existing terms of the Indenture and the Notes.
北京，2024年8月1日（環球通訊社）——中國領先的在線娛樂視頻服務提供商愛奇藝公司（納斯達克股票代碼：IQ）（“愛奇藝” 或 “公司”）今天公佈了其先前宣佈的與2026年到期的4.00％可轉換優先票據（CUSIP編號：46267XAE8）（“票據”）相關的回購權要約的結果。回購權要約於紐約時間2024年7月30日星期二下午5點到期。根據作爲票據支付代理人的北卡羅來納州花旗銀行提供的信息，在回購權要約到期之前，票據本金總額395,45萬美元已有效交還且未提取。這些票據的回購價格總額（包括票據的本金總額加上應計和未付利息）（“回購價格”）爲397,471,188.84美元。公司已將支付回購價格的現金轉交給付款代理人，以分配給已有效行使回購權的持有人。回購結算後，15.7萬美元的票據本金總額將保持未償還狀態，並繼續受契約和票據現有條款的約束。
About iQIYI, Inc.
關於 iQiyi, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, IP licensing, talent agency, online literature, etc.
iQiyi, Inc. 是中國領先的在線娛樂視頻服務提供商。它將創意人才與技術相結合，爲持續創新和製作重磅內容營造環境。它製作、彙總和分發各種專業製作的內容，以及各種格式的各種其他視頻內容。愛奇藝憑藉其由先進的人工智能、大數據分析和其他核心專有技術提供支持的領先技術平台，在在線娛樂行業中脫穎而出。隨着時間的推移，愛奇藝已經建立了龐大的用戶群，並開發了多元化的盈利模式，包括會員服務、在線廣告服務、內容分發、在線遊戲、知識產權許可、人才中介、在線文學等。
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Investor Relations
iQIYI, Inc.
ir@qiyi.com
投資者關係
愛奇藝有限公司
ir@qiyi.com