FilingsSEC filing

Alibaba proposed on Jul 3, 2025 to issue about HK$12 billion of exchangeable bonds

From the public record1 min read

Published Oct 27, 2026 · 11:39 UTCFiled Jul 3, 2025

Form6-K

FiledJul 3

CompanyAlibaba

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Alibaba said in a press release dated Jul 3, 2025 in Hong Kong that it proposed to issue approximately HK$12 billion of zero coupon exchangeable bonds due 2032, linked to the shares of Alibaba Health Information Technology. Alibaba said Alibaba Health was a consolidated subsidiary in which it held approximately 64% of the equity, and that the bonds would not bear regular interest. Alibaba said it intended to use the net proceeds for general corporate purposes, including investments in cloud infrastructure and international commerce. The press release is attached to a Form 6-K, a foreign company's report to the SEC, filed Jul 3, 2025.1 2 3 4 5 6 7 8

How each figure was checked8 facts

the size and maturity of the proposed bondsapproximately HK$12 billion aggregate principal amount of zero coupon exchangeable bonds due 2032Alibaba press release of Jul 3, 2025 (Exhibit 99.1 to the Form 6-K) ↗
what the bonds are linked tobonds exchangeable by reference to the ordinary shares of Alibaba Health Information Technology LimitedAlibaba press release of Jul 3, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the date of the press releaseJuly 3, 2025Alibaba press release of Jul 3, 2025 (Exhibit 99.1 to the Form 6-K) ↗
Alibaba Health and Alibaba Group's stake in itAlibaba Group holds approximately 64% of equity interest in Alibaba HealthAlibaba press release of Jul 3, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the bonds' interestthe bonds will not bear regular interestAlibaba press release of Jul 3, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the intended use of the proceedsnet proceeds for general corporate purposes, including investments in cloud infrastructure and international commerce businessesAlibaba press release of Jul 3, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the form type6-KOur database
the day the Form 6-K was filedJul 3, 2025Our database