Alibaba launches $12 billion exchangeable bond linked to Alibaba Health shares

From Nasdaq: 2025-07-03 07:31:00

Alibaba Group plans to issue $12 billion in zero-coupon exchangeable bonds due 2032 linked to Alibaba Health shares. Proceeds will support cloud infrastructure and international commerce growth. Bondholders can exchange bonds for Alibaba Health shares, cash, or a mix. Alibaba Health remains vital to group’s healthcare strategy. Alibaba stock down 2.61% in pre-market trading.



Read more at Nasdaq: Alibaba Launches HK$12 Bln Exchangeable Bond Offering Linked To Alibaba Health Shares