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China Hongqiao Sells Its First Long-Term Dollar Bond Since 2021 [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
first three-year dollar bond since 2021 amid rising demand for Chinese notes issued in the US currency. Most Read from Bloomberg NYC's Subway Violence Deters Drive to Bring Workers Back to Office Is This Weird Dome the Future of Watching Sports? Don't Shrink the Bus Can American Drivers Learn to Love Roundabouts? NYC Congestion Pricing Takes Effect After Years of Delays The firm priced $330 million of debt guaranteed by several subsidiaries at 7.05%, according to a person familiar with the matter who asked not to be identified. That's 45 basis points tighter than initial price talk. The order book topped $3.6 billion before 5 p.m. in Shanghai. Proceeds are intended to refinance offshore debt and for general corporate purposes. Bloomberg News reported in November that Hongqiao was considering a dollar-bond sale in early 2025 at it has a $300 million note due in March. That 364-day 7.75% issue was the company's most-recent sale in greenbacks. Before that, it priced a thr Show less Read more
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