Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering (Bloomberg)

Bloomberg: Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering  —  - Company to immediately repurchase 14.8 million of its ADRs  — Move is to obtain cash offshore on favorable terms: Choi

May 23, 2024 - 23:00
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Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering (Bloomberg)

Bloomberg:
Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering  —  - Company to immediately repurchase 14.8 million of its ADRs  — Move is to obtain cash offshore on favorable terms: Choi

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