Alibaba-W completes the issuance of approximately USD 3.2 billion zero-coupon convertible senior notes
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Alibaba-W has completed the issuance of approximately $3.2 billion in zero-coupon convertible senior notes, which will mature in 2032 and are primarily aimed at non-U.S. persons. The raised funds will be used for general corporate purposes, with a focus on enhancing cloud infrastructure capabilities and international business operations
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