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Market Chatter: Alibaba Group Reportedly Considering $5 Billion in Dollar, Yuan-Denominated Bond Offering
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Market Chatter: Alibaba Group Reportedly Considering $5 Billion in Dollar, Yuan-Denominated Bond Offering
Nov 15, 2024 12:25 PM

07:08 AM EST, 11/15/2024 (MT Newswires) -- Alibaba Group ( BABA ) is reportedly considering a bond offering worth about $5 billion this month, possibly including dollar and yuan-denominated parts, Bloomberg reported, citing unnamed sources familiar with the matter.

Alibaba ( BABA ) raised $5 billion in a private convertible bond offering in May.

The company's last public dollar bond issuance was in 2021 when it raised $5 billion in a multi-part deal.

Alibaba Group ( BABA ) did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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