Alibaba delivers initial price guidance on $5 billion dual-currency bond, term sheet shows

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SYDNEY : Alibaba Group has delivered investors initial price guidance on its $5 billion dual currency bond, according to a term sheet reviewed by Reuters on Tuesday.The U.S.dollar tranche consists of 5.5-year, 10.5-year and a 30-year bond, the term sheet showed.The 5.

FILE PHOTO: The logo of Alibaba Group is lit up at its office building in Beijing, China August 9, 2021.

The offshore yuan tranche has a 3.5-year bond with an initial price guidance of around 2.9 per cent, 5-year at 3.1 per cent, 10-year at 3.4 per cent and 20-year at 3.8 per cent.

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Category: EconomyBusiness

Markets: SingaporeChina

Topics: Points Price Initial Basis Bond Group 5-year Treasuries Alibaba Cent Guidance

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Article Type: News Report

Published On: 2024-11-19 @ 09:04:25 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 193 words

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