Alibaba looking to raise $1.53 billion through exchangeable bonds

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Chinese tech conglomerate Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through an offer of exchangeable bonds.

Image for Alibaba looking to raise $1.53 billion through exchangeable bondsReuters
Chinese tech conglomerate Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through an offer of exchangeable bonds.

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Alibaba looking to raise $1.53 billion through exchangeable bonds


Synopsis

Chinese tech conglomerate Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through an offer of exchangeable bonds.

Image for Alibaba looking to raise $1.53 billion through exchangeable bondsReuters
Chinese tech conglomerate Alibaba Group said on Thursday it is seeking to raise around HK$12 billion ($1.53 billion) through an offer of exchangeable bonds.

Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

Subscribe Now



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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