Alibaba Group Announces US$3.2 Billion Zero Coupon Convertible Notes Offering
Reuters
4 hours ago
Alibaba Group Announces US$3.2 Billion Zero Coupon Convertible Notes Offering
Alibaba Group Holding Ltd. has announced a proposed offering of approximately US$3.2 billion in Zero Coupon Convertible Senior Notes due 2032. These notes are set to be offered to certain non-U.S. persons in offshore transactions under Regulation S of the United States Securities Act of 1933. The company plans to utilize the proceeds from this Notes Offering primarily to bolster its cloud infrastructure capabilities and international commerce business operations. The notes, which will mature on September 15, 2032, will be senior unsecured obligations of Alibaba Group. Additionally, the company is engaging in capped call transactions to mitigate potential dilution effects and manage the overall cost of capital.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alibaba Group Holding Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250910285269) on September 10, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.