Alibaba Plans $5 Billion Dual-Currency Bond Offering

The company aims to use the funds for debt repayment and share buybacks amid favorable interest rates.

Alibaba is issuing U.S. dollar and Chinese yuan bonds with maturities ranging from 3.5 to 30 years.
The bond sale is expected to raise up to $5 billion, supporting Alibaba's strategic financial initiatives.
Proceeds will be used primarily for repaying existing debt and funding stock repurchase programs.
Alibaba's outstanding liabilities have increased by 18% since March, totaling 202.2 billion yuan.
The move comes as Alibaba seeks to capitalize on low interest rates to enhance shareholder value.