Financing ·
Alibaba Group Holding Limited adjusted the exchange price of its HK$12.023 billion zero coupon exchangeable bonds due…
BBAAYAlibaba Group Holding Ltd
Alibaba Group Holding Limited adjusted the exchange price of its HK$12.023 billion zero coupon exchangeable bonds due 2032 from HK$6.23 to HK$5.92 per Alibaba Health share, effective August 14, 2026. This adjustment follows shareholder approval of final and special dividends totaling RMB0.1947 per share declared by Alibaba Health for the year ended March 31, 2026. Consequently, the exchange ratio increased from 160,513.6 to 168,918.9 shares per HK$1 million principal amount, raising the total exchangeable shares from approximately 1.93 billion to 2.03 billion. Alibaba Group Holding Limited operates in the technology and e-commerce industry.