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Published on 6/30/2020 in the Prospect News Emerging Markets Daily.

China’s Weibo plans to price dollar-denominated senior notes

By Rebecca Melvin

New York, June 30 – Weibo Corp. intends to sell dollar-denominated senior notes (Baa1/BBB), according to a company news release and a 424B5 filing with the Securities and Exchange Commission.

Goldman Sachs (Asia) LLC is the bookrunner. The co-manager is China International Capital Corp. Hong Kong Securities Ltd.

The notes will be registered with the SEC.

The company intends to use proceeds for general corporate purposes.

The social media company is based in Beijing.


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