Alibaba (09988/BABA/89988) announced that it has completed the issuance of senior unsecured notes on November 26 and 28, 2024, with a total amount of 2.65 billion US dollars and 17 billion yuan respectively. The US dollar bills include $1 billion bills with an interest rate of 4.875% and a maturity date of 2030; A $1.15 billion bill with an interest rate of 5.250% and a maturity date of 2035; And a $500 million bill with an interest rate of 5.625% and a maturity date of 2054. The RMB bills include: the first installment of 8.4 billion yuan, with an interest rate of 2.65% and a maturity date of 2028; The second installment is 5 billion yuan, with an interest rate of 2.80% and a maturity date of 2029; The third installment is 2.5 billion yuan, with an interest rate of 3.10% and a maturity date of 2034; And the fourth installment of 1.1 billion yuan, with an interest rate of 3.50% and a maturity date of 2044.
The announcement mentioned that the issuance price of all notes is 100% or close to 100%. It is worth noting that these notes are not registered under the U.S. securities laws and are only offered to eligible institutions and non-U.S. persons. In addition, Alibaba will submit a 6-K form to the US Securities and Exchange Commission regarding the completion of the note issuance.