Alibaba aims to raise $5 billion in dual currency bond deal, sources say

The Times of India - 18 November 2024

Alibaba aims to raise $5 billion in dual currency bond deal, sources say

Alibaba Group, the Chinese e-commerce giant, is looking to raise $5 billion through a multi-tranche bond offering. The offering will include both dollar and offshore Chinese yuan bonds, with varying maturities ranging from 3.5 years to 30 years. The company p…

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