Alibaba Group Holding Ltd. (HK:9988) has released an update.
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Alibaba Group Holding Ltd. has successfully completed the issuance of senior unsecured notes, raising $2.65 billion in USD and RMB17 billion in RMB. These notes, which are not registered under U.S. securities laws, were sold to qualified institutional buyers and non-U.S. investors. This strategic move is part of Alibaba’s efforts to strengthen its financial position and attract global investors.
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