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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,
4h
Alibaba price target lowered to $112 from $124 at BofA
BofA lowered the firm’s price target on Alibaba (BABA) to $112 from $124 and keeps a Buy rating on the shares following ...
5h
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 ...
18h
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 ...
4d
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 ...
2h
Chinese AR start-up Rokid puts Alibaba AI in smart glasses to take on Meta
Rokid’s US$345 smart glasses are the latest from China to adopt generative AI to capitalise on the burgeoning product ...
4d
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 ...
4d
on MSN
China’s Alibaba Manages 5% Revenue Advance as Profits Are Lifted by Investment Gains
Alibaba, China’s e-commerce, entertainment and tech giant, reported a 5% increase in revenues in the three months to ...
4d
Alibaba: Strong Results And Its Cheap Again
Alibaba Group Holding Limited beat Q2 expectations with strong earnings, weak cash generation, and large buybacks rewarding ...
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14h
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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