Davis Polk advised J.P. Morgan Securities LLC and Goldman Sachs (Asia) L.L.C. as joint bookrunners and representatives of the underwriters on an SEC-registered offering by Baidu, Inc. of $1 billion aggregate principal amount of its 3.25% notes due 2018.

Baidu is the leading Chinese-language Internet search provider. Baidu’s ADSs currently trade on the NASDAQ Global Select Market.

The Davis Polk corporate team included partner James C. Lin, associates Tae-Hun Kim and Xuelin (Steve) Wang. Partner John D. Paton, counsel Alon Gurfinkel and associate Sarah Joy provided tax advice. Jessica Ling Zhang was the legal assistant on the transaction. Members of the Davis Polk team are based in the Hong Kong and London offices.