Bilibili inc. announces repurchase right notification for 1.375% convertible senior notes due 2026

Shanghai, china, feb. 20, 2024 (globe newswire) -- bilibili inc. (“bilibili” or the “company”) (nasdaq: bili and hkex: 9626), an iconic brand and a leading video community for young generations in china, today announced that it is notifying holders of its 1.375% convertible senior notes due 2026 (cusip no. 090040ab2) (the “notes”) that, pursuant to the indenture dated as of april 5, 2019 (the “indenture”) relating to the notes by and between the company and deutsche bank trust company americas, as trustee, each holder has the right, at the option of such holder, to require the company to repurchase all of such holder's notes or any portion thereof that is an integral multiple of us$1,000 principal amount for cash on april 1, 2024 (the “repurchase right”). holders of the notes may exercise the repurchase right from 12:01 a.m., new york city time, on thursday, february 29, 2024 until 5:00 p.m., new york city time, on thursday, march 28, 2024.
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