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China's Alibaba to raise $4.5 bln through convertible notes offering
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China's Alibaba to raise $4.5 bln through convertible notes offering
May 23, 2024 6:53 AM

May 23 (Reuters) - Alibaba Group Holding ( BABA ) said

on Thursday it would sell $4.5 billion in convertible senior

notes and plans to repurchase American Depositary Shares using

some of the proceeds.

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