FilingsSEC filing

Alibaba announced the pricing of HK$12.023 billion of exchangeable bonds due 2032 on Jul 4, 2025

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 4, 2025 in Hong Kong that it priced a private offering of HK$12.023 billion aggregate principal amount of zero coupon exchangeable bonds due 2032, linked to the shares of Alibaba Health Information Technology. The initial exchange price was HK$6.23 per Alibaba Health share, which the company described as a 48% premium over the HK$4.21 per share price in a placement of Alibaba Health shares made alongside the pricing. Alibaba estimated net proceeds of approximately HK$11.9 billion and said it intended to use them 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 9 10

How each figure was checked10 facts

what the release announcedannounced the pricing of its private offeringAlibaba press release of Jul 4, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the size and maturity of the bondsHK$12.023 billion aggregate principal amount of zero coupon exchangeable bonds due 2032Alibaba press release of Jul 4, 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 4, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the date of the press releaseJuly 4, 2025Alibaba press release of Jul 4, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the exchange price and its premiuminitial exchange price of HK$6.23 per AH Share, a premium of 48% over the per-share price of HK$4.21 per AH Share in the Delta PlacementAlibaba press release of Jul 4, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the placement of Alibaba Health shares alongside the pricingbookrunners facilitated a sale of AH Shares concurrently with the pricingAlibaba press release of Jul 4, 2025 (Exhibit 99.1 to the Form 6-K) ↗
the estimated net proceedsestimated net proceeds of approximately HK$11.9 billionAlibaba press release of Jul 4, 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 4, 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