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Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba”, “Alibaba Group” or the “Company”) today announced its intention to offer US dollar denominated senior unsecured notes (the “Notes”), including notes issued under its sustainable financing framework (the “Sustainability Notes”), subject to market and other conditions, in connection with a registered public offering. with the United States Securities and Exchange Commission (the “SEC”). The principal, interest rates, maturity dates and other terms of the Notes have not been finalized and will be determined at the time of the offering price.
Alibaba intends to use the net proceeds from ticket sales (excluding sustainability ratings) for general corporate purposes, including working capital requirements, offshore debt repayment. and potential acquisitions or investments in complementary businesses, and to use the net proceeds from the disposal of the Sustainable Development Notes to finance or refinance, in whole or in part, one or more of its new or existing eligible projects (the “Eligible Projects”) in accordance with its sustainable financing framework as described in the preliminary prospectus supplement and the final prospectus supplement, when available, relating to the offer. Examples of eligible projects include those in the areas of green buildings, energy efficiency, COVID-19 crisis response, renewable energy, and circular economy and design.
This press release contains information about the current offer of the Notes, and there can be no assurance that the offer will be completed.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities and there will be no sale of such securities in any state or other jurisdiction where such an offer, solicitation or sale would be. unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction. An automatic pre-registration statement (including a prospectus) relating to the offering of the debt securities was filed with the SEC on February 3, 2021 and became effective upon filing. The offering of the Notes will only be made by way of a prospectus included in this registration statement, the preliminary prospectus supplement and the final prospectus supplement, when available. You can obtain these documents for free by visiting EDGAR on the SEC’s website www.sec.gov. Alternatively, copies of the prospectus, preliminary prospectus supplement and final prospectus supplement, where available, relating to the offering may be obtained by contacting Citigroup at c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood , NY 11717, by calling + 1-800-831-9146 or by email at [email protected]; Credit Suisse at Level 88, International Commerce Center, 1 Austin Road West, Kowloon, Hong Kong, Attn .: IBCM Legal, by calling + 852-2101-6000 or by email at list.apacibcmlegal@credit-suisse .com; Morgan Stanley at 180 Varick Street, New York, NY 10014, Attn: Prospectus Department, by calling + 1-866-718-1649 or emailing [email protected]; JP Morgan Securities LLC, c / o Broadridge Financial Solutions, Attn: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, or by phone: 1-866-803-9204; and CICC at 29 / F, One International Finance Center, 1 Harbor View Street, Central, Hong Kong or by email at [email protected].
This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “propose”, “intend” and similar expressions are intended to identify statements prospective. Investors are cautioned that such forward-looking statements, including statements relating to expectations regarding the size, allocation, timing and completion of the offering offered by the company, are not guarantees of future performance, results or the completion of an offer under the announced conditions. , or not at all, and involve risks and uncertainties, and that actual results, developments or the timing of events may differ materially from those of forward-looking statements due to various factors, including the perceptions of the financial community and rating agencies on the company and its activities, its operations, its financial situation and the sectors in which it operates, market conditions, the satisfaction of the usual closing conditions related to the proposed offer and the factors described in the documents filed by the Company with the Securities and Exchange Commission, including the section titled “Risk Factors” in the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus and the exhibits titled “Updated Disclosures”. Alibaba Group Update ”,“ Risk Factors Updated ”,“ Part I Update, Item 5. Operational Review and Financial and Outlook – A. Results of Operations, taken from the Company’s Annual Report on Form 20-F for the year ended March 31, 2020, as filed with the Securities and Exchange Commission on July 9, 2020 “and “Operational and Financial Review and Outlook for the Six Months Ended September 30, 2019 and 2020” to the Company the updated reports on Form 6-K which are incorporated by reference in the preliminary prospectus supplement, the final prospectus supplement and the related prospectus. The company disclaims any obligation to update any forward-looking statements contained herein, except as required by applicable law.
ABOUT THE ALIBABA GROUP
The mission of the Alibaba Group is to make business easy everywhere. The company aims to build the future infrastructure of the trade. He envisions that his clients will meet, work and live at Alibaba, and that it will be a good company that will last 102 years.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210202006175/en/
Contacts
Investor Relations Contact:
Rob lin
Alibaba Group
[email protected]
Media contacts:
Brion Tingler
Alibaba Group
[email protected]
Cathy yan
Alibaba Group
[email protected]
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