China's Baidu marketing dollar notes in Hong Kong, Singapore, London

By Christine Van Dusen

Atlanta, Nov. 7 - China's Baidu Inc. is on a roadshow for a dollar-denominated offering of senior notes, a market source said.

JPMorgan and Goldman Sachs are the bookrunners for the Securities and Exchange Commission-registered deal.

The roadshow began on Wednesday in Hong Kong and travels on Thursday to Singapore and then wraps up on Nov. 12 in London.

Proceeds will be used to retire $350 million of credit facility debt and for general corporate purposes.

The notes will have a make-whole call.

ANZ, Bank of China and Deutsche Bank will be the co-managers.

Baidu is a Chinese-language internet search provider based in Beijing.

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