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Alibaba Group Says Proposed Offering Of Hk$12 BLN Of Zero Coupon Exchangeable Bonds

ReutersJul 3, 2025 10:00 AM

- Alibaba Group 9988.HK:

  • PROPOSED OFFERING OF APPROXIMATELY HK$12 BILLION OF ZERO COUPON EXCHANGEABLE BONDS

  • TO USE PROCEEDS FROM BOND FOR GENERAL CORPORATE PURPOSES, INCLUDING INVESTMENTS IN CLOUD INFRASTRUCTURE AND INTERNATIONAL COMMERCE

  • PROPOSED EXCHANGEABLE BOND OFFERING TO ORDINARY SHARES OF ALIBABA HEALTH INFORMATION TECHNOLOGY

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