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Alibaba to Raise $4.5 Billion Through Convertible Bonds to Fund Buybacks

By P.R. Venkat


Alibaba Group Holding plans to raise $4.5 billion through a convertible-bond issue to fund share repurchases, following a similar move by rival e-commerce giant JD.com.

The. ....

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Alibaba's US$4.5 billion convertible bond sale oversubscribed, as tech giant builds war chest to fund share buy-backs

Alibaba's US$4.5 billion convertible bond sale oversubscribed, as tech giant builds war chest to fund share buy-backs
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China General , Eddie Wu Yongming , Daniel Zhang Yong , Joe Tsai , Tmall Group , International Digital Commerce Group , Alibaba Cloud ,