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Alibaba aims to raise $5 billion in dual currency bond deal, sources say
Chinese ecommerce giant Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge of the matter.
Alibaba seeks $5B in dual currency bond deal
Chinese e-commerce giant Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge of the matter.The company in a regulatory filing on Monday said it was considering carrying out the transaction.
Alibaba plans to raise $5 billion through dual currency bond issuance
The current dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond, a term sheet seen by Reuters showed. Alibaba is also working on a 3.5-year, 5-year, 10-year and 20-year
Alibaba delivers initial price guidance on $5 billion dual-currency bond, term sheet shows
Alibaba Group has delivered investors initial price guidance on its $5 billion dual currency bond, according to a term sheet reviewed by Reuters on Tuesday. The U.S. dollar tranche consists of 5.5-year,
2h
Alibaba’s Stock Connect link shows Hong Kong’s strength as conduit to mainland markets
Mainland investors have amassed 4 per cent of Alibaba’s public float and contributed 15 per cent to its trading volume ...
21h
Alibaba: The Market's Concerns Are Justified, And Here's Why
Alibaba’s revenue and operating income have grown just 5% year-over-year. Read this article to know why I am rating BABA ...
1d
Alibaba Eyes Raising $5 Billion Via Bond Sale to Fund Debt Payoff and Stock Buybacks
Alibaba Group Holding plans to issue USD and CNY bonds to repay debt and support stock buyback, leveraging low interest rates ...
15h
Alibaba's Monetization Strategy Gains Momentum, But GMV Growth Lags: Analyst
Benchmark analyst Fawne Jiang maintained a Buy rating on Alibaba Group Holding (NYSE:BABA) with a price target of $118. Jiang ...
3d
on MSN
Alibaba Signals More Confidence as International Arm Grows 35%
Alibaba Group Holding Ltd. reported solid growth in businesses including its international and cloud divisions, helping to ...
21h
Alibaba’s Growth Prospects: Buy Rating Amid GMV Acceleration and Strategic Investments
Alibaba (BABA – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Joyce Ju from ...
3d
Michael Burry loads up on Alibaba stock: should you buy it too?
Michael Burry increased his stake in Alibaba stock by 30% in Q3. BABA topped profit estimates in its fiscal third quarter on ...
4d
Alibaba Is Said to Consider Offering $5 Billion of Bonds
Chinese tech conglomerate Alibaba Group Holding Ltd. is considering an offering of bonds totaling the equivalent of about $5 ...
4d
China's Alibaba misses quarterly revenue estimates, beats on profit
Alibaba Group Holding missed analysts' estimates for second-quarter sales on Friday, as persistent economic uncertainty ...
3d
Alibaba Stock Falls On Mixed Quarter. AI Growth Helps Earnings Beat But Sales Miss.
Alibaba fell early Friday, after the Chinese e-commerce giant reported mixed fiscal second quarter results. Earnings beat ...
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12h
Alibaba to continue investments in core tech
Alibaba Group Holding Ltd's core business segments maintained steady growth in the third quarter, and it will continue to ...
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