Alibaba to Offer Notes for Debt Repayment, Share Repurchases

Biztoc.com - 18 November 2024

Alibaba to Offer Notes for Debt Repayment, Share Repurchases

In This Article: (Bloomberg) -- Alibaba Group Holding Ltd. has hired banks to sell dollar and yuan bonds that will be used to pay back offshore debt and buy back shares, following the Chinese tech conglomerate’s issuance of a record convertible bond earlier t…

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