Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with direct knowledge of the matter said. Depending on investor response, proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure, one of the people said.
from Gadgets Now https://ift.tt/3pQJOS2
Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with direct knowledge of the matter said. Depending on investor response, proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure, one of the people said.
Alibaba plans to raise at least $5 billion via dollar bond this month: Sources
Related Posts:
This is why you will see so many 'unsafe' websites starting today- Paytm's combo deal on Samsung Galaxy Note 9 offers Rs 25,000 flat discount: Details here
- 5 biggest smartphone companies in India in Q2
- Apple iPhone and iPad's 'much-awaited' feature has been delayed
- How to find and delete where Google knows you've been
0 comments:
Post a Comment