Alibaba group announces completion of us$5 billion 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 completion of its private offering of us$5 billion aggregate principal amount of 0.50% convertible senior notes due 2031 (the “notes”), which amount includes the exercise in full by the initial purchasers of their option to purchase an additional us$500 million aggregate principal amount of the notes (t.
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