Prices $700M convertible senior notes, concurrent equity placement, and share repurchases

What did Bilibili Inc. announce?

Bilibili priced $700 million in convertible senior notes due 2031, a concurrent equity placement, and concurrent share repurchases.

Key details

• The company priced $700 million in convertible senior notes due 2031, with Tencent subscribing for $200 million.
• Bilibili will use proceeds for AI-driven growth, general corporate purposes, and concurrent share repurchases totaling $300 million.
• The concurrent equity placement included 6,976,760 Class Z ordinary shares at HK$115.38 each and Tencent's sale of 26,374,900 Class Z ordinary shares.
• The initial conversion price for the notes is approximately HK$155.79 per Class Z ordinary share, a 28.3% premium over the September 4, 2026 closing price.

Why it matters

This 6-K reports a financing at Bilibili Inc.. The likely share-price reaction reads as neutral.

More from Bilibili Inc.

• 6-K

  Sep 16, 2026
  Grants 4.58M restricted share units to employees and service providers
• 13G/A

  Sep 10, 2026
  Tencent Holdings stake in Bilibili Inc. falls to 4.1%
• 6-K

  Sep 9, 2026
  Completes $500M convertible notes offering and concurrent share repurchase
• 6-K

  Sep 4, 2026
  Announces Proposed US$700M Convertible Notes Offering and Share Repurchases
• 6-K

  Sep 3, 2026
  Files Monthly Return on Movements in Securities for August 2026

All Bilibili Inc. SEC filings →