BABA Sep 2024 90.000 call
| Previous Close | 3.5000 |
| Open | 3.7900 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 90.00 |
| Expire Date | 2024-09-20 |
| Day's Range | 3.0500 - 4.1700 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
South China Morning PostAlibaba's US$4.5 billion convertible bond sale 'oversubscribed', as tech giant builds war chest to fund share buy-backs
Alibaba Group Holding is selling up to US$5 billion worth of convertible bonds to fund its share buy-backs, as leaders of the Chinese tech giant declared e-commerce and cloud computing as its core businesses in a move "towards strategic clarity". The Hangzhou-based firm, which owns the South China Morning Post, said it expects to raise close to US$4.5 billion from initial sales, while giving purchasers the option to buy up to an additional US$500 million of notes, according to filings made to th
BloombergAlibaba Issues Record $4.5 Billion Convertibles to Fund Buybacks
(Bloomberg) -- Alibaba Group Holding Ltd. sold $4.5 billion worth of convertible bonds, a record dollar-denominated sale by an Asian company, securing capital needed to buy back shares and invest in businesses including artificial intelligence.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationHarvard Students Walk Out of Commencement Protesting SuspensionsSingapore Air Changes Seatbelt Rules After Fatal Tu
Business WireAlibaba 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
