Company Website:
http://www.alibabagroup.com
HANGZHOU, China -- (Business Wire)
Alibaba Group Holding Limited (“Alibaba Group”) (NYSE:BABA) today
announced the pricing of an offering of US$8.0 billion aggregate
principal amount of senior unsecured notes, consisting of:
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US$300 million floating rate notes due 2017 at an issue price per
note of 100.000%;
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US$1,000 million 1.625% notes due 2017, at an issue price per note
of 99.889%;
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US$2,250 million 2.500% notes due 2019 at an issue price per note of
99.618%;
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US$1,500 million 3.125% notes due 2021 at an issue price per note of
99.558%;
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US$2,250 million 3.600% notes due 2024 at an issue price per note of
99.817%; and
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US$700 million 4.500% notes due 2034 at an issue price per note of
99.439% (collectively, the “notes”).
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The offering is expected to close on November 28, 2014, subject to
customary closing conditions.
Alibaba Group plans to use the net proceeds from the offering, together
with cash on hand, to repay its existing term facility.
The notes have not been registered under the Securities Act of 1933, as
amended (the “U.S. Securities Act”), or any state securities laws. The
notes are being offered and sold within the United States only to
qualified institutional buyers in reliance on the exemption from
registration provided by Rule 144A under the U.S. Securities Act. Any
public offering of securities to be made in the United States will be
made by means of a prospectus that may be obtained from the issuer and
that will contain detailed information about the company and management,
as well as financial statements.
This press release shall not constitute an offer to sell or a
solicitation of an offer to purchase any of these securities, in the
United States or elsewhere, and shall not constitute an offer,
solicitation or sale of such securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful.
This press release contains information about the pending offering of
the notes, and there can be no assurance that the offering will be
completed.
Contacts:
Alibaba Group Holding Limited
Robert H. Christie, +1 917-860-9410
bob.christie@alibaba-inc.com
Rachel
Chan, +852 9400 0979
rachelchan@hk.alibaba-inc.com
Source: Alibaba Group Holding Limited
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