Alibaba group prices us$4,500 million offering of convertible senior notes

Hangzhou, china--(business wire)--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 cer.
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