BEIJING, Feb. 16, 2023 /PRNewswire/ -- iQIYI, Inc. (Nasdaq: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video services in China, today announced that it is notifying holders of its 2.00% Convertible Senior Notes due 2025 (CUSIP No. 46267XAD0) (the "Notes") that pursuant to the Indenture dated as of March 29, 2019 (the "Indenture") relating to the Notes by and between the Company and Citicorp International Limited, 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, 2023 (the "Repurchase Right"). The Repurchase Right begins at 9:00 a.m., New York City time, on Friday, March 3, 2023 and expires at 5:00 p.m., New York City time, on Thursday, March 30, 2023.
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