Alibaba plans to raise HK$12B via exchangeable bond offering

5 days ago 1

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Sign of Alibaba on the top of the building office

Alibaba (NYSE:BABA) plans to raise about HK$12B ($1.53B) through an exchangeable bond offering to boost investments in cloud infrastructure and global commerce operations.

Alibaba proposed to issue about HK$12B aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 in

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Alibaba plans to raise HK$12B via exchangeable bond offering

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