Kuaishou Technology is reportedly planning to raise approximately $2 billion through its first offshore bond issuance.

The media quoted informed sources as saying that Kuaishou Technology, while communicating with investors, expects to raise approximately 2 billion US dollars in its inaugural offshore bond issuance. Representatives of Kuaishou Technology stated on an investor conference call on Wednesday that the company plans to raise 1.5 billion US dollars through the issuance of 5-year and 10-year US dollar bonds, and approximately 500 million US dollars through the issuance of 5-year Dim Sum bonds. Kuaishou Technology stated that the proceeds from the proposed bond issuance will mainly be used for general corporate purposes and increasing overseas cash reserves. The company also stated that total capital expenditures in 2025 are expected to exceed 14 billion yuan, with more than two-thirds going towards the AI platform Kuaishou. The company plans to maintain a similar capital expenditure distribution structure this year. Kuaishou reiterated its overseas strategy, focusing on the Brazilian market.