Alibaba’s $5 Billion Bond Issuance: Key Highlights
Alibaba’s $5 Billion Bond Issuance: Key Highlights Alibaba Group has unveiled plans to raise $5 billion through a dual-currency bond issuance, a move that underscores its intent to tap into global financial markets. This issuance aims to appeal to a diverse range of investors by splitting the bonds between U.S. dollars (USD) and offshore Chinese yuan (CNY). The USD-denominated bonds will feature maturities of 5.5, 10.5, and 30 years, while the offshore yuan bonds will mature in 3.5, 5, 10, and 20 years. Alibaba plans to use the funds for key corporate initiatives such as refinancing existing debt and executing share buybacks, showcasing its confidence in long-term financial stability and […]
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