BABA Jun 2024 170.000 call
- Bloomberg
Alibaba Issues $4.5 Billion of Convertible Debt to Fund Buybacks
(Bloomberg) -- Alibaba Group Holding Ltd. sold $4.5 billion worth of convertible bonds in one of the largest such offerings in recent years, as the company looks to buyback more shares and invest in its businesses.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart
- Business Wire
Alibaba Group Prices US$4,500 Million Offering of Convertible Senior Notes
HANGZHOU, China, May 24, 2024--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba," "Alibaba Group" or the "Company") today announced the pricing of its private offering of US$4,500 million aggregate principal amount of 0.50% Convertible Senior Notes due 2031 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and to certain
- Zacks
Smart Money Clues: Buy these 5 Stocks
This quarter's 13Fs and insider buys offer vital clues about what the smart money is betting on. Argentina, small caps, Bitcoin, and China are essential market areas to track.
