On November 18th, Alibaba announced on the Hong Kong Stock Exchange that it plans to simultaneously issue senior unsecured notes denominated in US dollars (USD notes) and senior unsecured notes denominated in Chinese yuan. The issuance of notes is subject to market and other conditions. The issuance of US dollar bills and Chinese yuan bills are not mutually conditional. The principal amount, interest rate, maturity date, and other terms of the bill will be determined at the time of issuance pricing.