Alibaba Successfully Issues HK$12.023 Billion Zero-Coupon Convertible Bonds
3 week ago / Read about 0 minute
Author:小编   

Alibaba has announced the successful completion of a private placement for HK$12.023 billion worth of zero-coupon convertible bonds. These bonds are unsecured and non-subordinated, meaning they do not carry any periodic interest payments and will reach maturity on July 9, 2032, unless they are redeemed, repurchased, or exchanged prior to that date.