Alibaba group announces commencement of exchange offer for outstanding senior notes

2 days ago 1

Alibaba Group Holding (OTCPK:BABAF) on Thursday said it has launched an exchange offer for up to $2.65 billion of its outstanding senior notes due 2030, 2035 and 2054.
The offer covers $1 billion of 4.875% notes due 2030, $1.15 billion of 5.250% notes due